According to a recent survey, 53% of U.S. businesses experienced a cyberattack in the past year.

That same survey, conducted by Hartford Steam Boiler, found that 55% of those hacked businesses spent more than $50,000 to respond.

Do you know what to do if your company faces a cyberattack? How to respond? Who to notify? How much data has been exposed? Will you face a lawsuit?

BlumShapiro's Jeffrey Ziplow and David Nowacki discuss how to minimize damage if your company suffers a cyberattack.

Recorded 11.15.2017.