When a significant data breach happens, first responders face significant challenges under extreme pressure. This panel will provide an overview of the current environment in which data breaches are addressed in litigation and regulatory investigations. The panelists will walk you through what happens behind the scenes when a potential breach is identified, investigated and notified and the ensuing regulatory investigations and class action litigation proceedings. Having provided a real-world perspective, the panel will then discuss effective ways to prepare now, so that your company is ready to handle a breach situation well. Panelists will provide concrete examples of measures taken in advance of a breach that make a difference when it happens, including evaluating exposures, reserving and insurance to protect the bottom line; managing vendors and coordinating with others when sensitive data is shared and effective ways to keep your board informed about cybersecurity.