Why a Data Breach Response Plan Is EssentialPwC's James Lloyd Addresses Regulatory Compliance Strategies
Having a detailed data breach response plan that's regularly tested by all players and continually refined is essential, says PwC's James Lloyd.
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Many more organizations - especially now in the U.K. and Europe following the introduction of the EU's General Data Protection Regulation - must include interfacing with regulators as part of their breach response, he says.
In a video interview at Information Security Media Group's recent Cybersecurity Summit in London, Lloyd discusses:
- Businesses' interactions with regulators;
- Privacy trends;
- Regulatory fines and litigation and remediation costs.
Lloyd is a regulatory investigations and disputes lawyer in PwC's data protection strategy, law and compliance services team. He's led the response to significant enforcement investigations by international and domestic regulators, law enforcement agencies and U.K. parliamentary select committees. He also has extensive experience in conducting internal investigations on behalf of international corporations, and in litigating complex, cross-border disputes. Before joining PwC, he was a senior litigator at Morrison & Foerster.