Any company scaling its abilities to operate globally will appreciate that “growing pains” usually evolve into new issues, which may best described as “maintaining pains.” One of the most high-profile “maintaining” pains is the threat of a data breach, particularly for technology companies that are rich in personal data, such as companies developing artificial intelligence algorithms, due to the large amount of data necessary to train the model.

Data breaches are instances of accidental, unlawful or unauthorized access, modification, deletion, loss or disclosure of personal data, personal information, or any similar term, depending on what laws/jurisdictions are involved. While breaches have been a concern since virtually the creation of the internet, they are gaining much more notoriety because of the increasing likelihood for board member liability and the financial impact of data breaches.