Kroger, British Airways Agree to Settle Data Breach Lawsuits
Ron Raether, leader of the Cybersecurity, Information Governance, and Privacy team at Troutman Pepper, is quoted in the Healthcare Info Security article, " Kroger, British Airways Agree to Settle Data Breach Lawsuits."
Addressing the current cyberthreat crisis "is complicated," says attorney Ron Raether, a partner at the law firm Troutman Pepper, who is not involved in the British Airways or Kroger case.
"Regulators have struggled with whether a carrot or stick will address these issues. The EU - and in part the U.K. - avoided using the stick," he says. With the British Airway incident - as well as a massive breach involving Marriott - "the ICO appears to be changing course," he says.
"However, as in the U.S., the ICO will find that the stick approach will not move the needle. Instead, regulators and companies need to join together to fight this common enemy."