There are numerous data privacy and security laws, and considerable disinformation concerning the legal liabilities associated with their non-compliance. One of the most poorly understood areas by attorneys involves the costs that a security/privacy event may have on their clients, or organizations, in terms of legal liabilities, first party expenditures and reputation. This program discusses how an attorney can help a client identify and quantify the various legal risks involved with privacy and data security, and how to take steps to mitigate and deal with those liabilities.