The fact that data breaches are becoming a routine occurrence in the life of a business is no surprise considering the drastic increase over recent years in the volume of data that companies maintain. While routine, breaches are nonetheless an extremely costly part of doing business. According to a 2014 research report by the Ponemon Institute, the average cost of post-breach activities is $1.6 million, with the average cost of lost business an astounding $3.2 million. Since some form of a data breach incident is highly likely, one solid defense is to create a written information security program (WISP). However, a WISP must be more than mere words on paper. In order to create an effective program, a company must comply with its WISP, in conjunction with other measures. And the company’s compliance efforts should be led by top executives in order to underscore the importance of the security issues involved.
Diana Szego Fassbender
Skilled at managing complex, high-stakes litigation, Diana works closely with clients to develop innovative and cost-effective case strategies and favorably resolve disputes. She has been involved in all phases of litigation, from inception through trial and appeal. Clients rely on her sophisticated thoughtful approach that ensures solutions align with overall business and organizational goals. Diana works with the Orrick team to coordinate strategy and minimize a client’s legal risk as well as reputational risk.
Diana has experience in commercial disputes including high profile bet-the-company litigation. She’s an integral member of the Orrick team on massive class actions and product liability matters. Additionally, Diana has litigated a range of intellectual property matters, including complex multi-defendant, multi-patent district court infringement actions and fast-paced Section 337 Investigations in the International Trade Commission, as well as copyright and trademark matters.
Diana has served as a deputy to Orrick's Women's Initiative and is actively involved in Orrick's recruiting efforts. She previously co-chaired the Associates Committee of Orrick's Washington, D.C., office, and received the Mentor of the Year award in 2011. Diana joined Orrick's New York office in 2007. While in New York, she served on the Associates Committee for the Children's Aid Society in New York City and helped plan substantive programming by the Copyright Society of the USA.
Prior to joining Orrick, Diana practiced law in Miami. She served the Miami community on the Board of Directors of the Dade County Bar Association and as a member of the Dade County eMentor program and the Women's Fund of Miami-Dade.
Outside of work, Diana enjoys spending time with her husband, three children, and dogs.