With high-profile cases like ChoicePoint and TJX acting as a lure, plaintiffs' attorneys are increasing interested in generating class-action lawsuits against businesses for data security breaches or electronic data loss events.

And the lawsuit could be the least of a business's problems. Attorney general audits and fines, third-party litigation and the threat of tighter federal regulation of data security means businesses must be more proactive than ever in mitigation such loss.

In a panel discussion at the recent 2009 PLUS International Conference in Chicago, five experts discussed the exposure environment for data breaches, passed and pending legislation, and the best ways businesses can protect themselves against a loss.

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