#2: Florida Law Firm's $8.5 Million Settlement After Data Breach

Situation: In 2022, Gunster, a Florida-based business law firm, experienced a data breach that exposed the personal and health information of nearly 10,000 individuals, including clients and employees. The breach led to a proposed class-action lawsuit, resulting in an $8.5 million settlement. ​reuters.com

The Security Gap:

• Inadequate Data Protection: Sensitive client and employee information was not sufficiently secured against unauthorized access.​
• Delayed Detection: The breach went unnoticed for an extended period, exacerbating the damage.​

How TRINSEC 7 Would Have Prevented This Loss:

• Advanced Threat Detection: Implementing continuous monitoring and real-time threat detection systems to identify and mitigate breaches promptly.​
• Data Encryption: Ensuring sensitive data is encrypted both at rest and in transit to prevent unauthorized access.​
• Regular Security Audits: Conducting frequent assessments to identify and address potential vulnerabilities before they can be exploited.​

ROI of Security: Proactive cybersecurity measures could have prevented the breach, saving the firm from an $8.5 million settlement and preserving its reputation.​ reuters.com