Organizations of all sizes and across industries face persistent and evolving threats against the security of their confidential and sensitive data. When a data breach occurs, our economic experts are uniquely positioned to help.
Expert economic analysis can inform questions that arise in data breach class actions, matters resulting from alleged misuse of consumers’ private information, and FTC investigations. Edgeworth economists are certified by the International Association of Privacy Professionals (IAPP) and have extensive experience working with voluminous and complex data sets ranging from point-of-sale transactions to personally identifiable information (PII).
Applying economic theory and rigorous economic and statistical analysis to large and complex data sets, our experts assist clients with answering questions that are fundamental to assessing whether actual injury resulted from disclosure or misuse of private information, determining financial exposure, and assessing damages.
Insights & News
- Our Curious Amalgam | 01.10.2023
In this podcast, Edgeworth partner Michael Kheyfets discusses the economics of valuing personal information and approaches to quantifying harm in data privacy litigation.
- Published Article, Bloomberg Law | 09.19.2022
What does it mean for “data” to have “value”? And what does it mean for the “value” of “data” to “be lost” as a result of unauthorized disclosure in a cyberattack? This article provides an introduction for practitioners to the economic concepts behind these questions.
- Law360 | 06.09.2021
Cybersecurity incidents are evolving and raising increasingly complex issues relating to class certification and economic impact. In this article, Edgeworth Economics Partner Michael Kheyfets explores the nature of continuously evolving cyberattacks and the legal frameworks necessary to study impact and damages.
- Journal of Technology Law & Policy | 05.28.2019
Edgeworth Partner Michael Kheyfets' article provides a study of how economic tools are applied to the analysis of class certification and damages issues in the emerging area of data breach class actions.
- Privacy & Security Law Report | 02.01.2017
Edgeworth Partner Michael Kheyfets co-authored an article in Bloomberg Law's Privacy & Security Law Report.
- Information Law Journal | 01.27.2016
In this article published in the ABA Information Law Journal, Michael Kheyfets and Matthew Milner discuss economic analysis as it applies to litigation matters filed by financial institution classes.
- Law360 | 09.25.2015
Mr. Michael Kheyfets, Dr. Deborah Foster and Dr. Nathan Woods discuss the 10 questions you should ask your experts who are working with your sensitive data.
- Law360 | 05.14.2015
Michael Kheyfets, a partner at Edgeworth, discusses emerging trends in data breach and privacy litigation in Law360.
- Law360 | 11.25.2014
In this article, Edgeworth experts highlight the multifaceted approach companies utilize as part of data breach management.
- Law360 | 09.19.2014
Matthew Milner discusses the counter factual paradigm economists use to analyze fact of injury and damages in data breach class actions.
- Law360 | 06.25.2010
Matthew Milner opined on the reliability of structured data in litigation, writing “Structured data is frequently the foundation of expert analysis in litigation for a variety of damages and liability issues."
- Blog, 09.07.2023
Employers may not be paying attention to BIPA and resulting litigation in Illinois, but they should. BIPA class action lawsuits have surged since 2015, and filings are expected to reach new heights by the end 2023 . Similar proposals, often modeled after BIPA, have emerged in Arizona, Hawaii, Maryland, Massachusetts, Minnesota, Mississippi, Missouri, New York, Tennessee, Vermont, and Washington, and others are likely to follow  .
- Presentation, Washington, DC | 09.23.2023
Edgeworth's Dr. Branko Jovanovic will speak on a panel about the economics of privacy at the 51st Research Conference on Communications, Information and Internet Policy.
- Event, 05.18.2015
Edgeworth partner Michael Kheyfets will speak on a panel with other experts and attorneys a Webinar on big data in litigation.
- Event, 05.05.2015
Matthew Milner and Michael Kheyfets of Edgeworth Economics and Jeff Landis of ZwillGen PLLC will present a mock case to examine the elements and potential theories of harm in data breach litigation.
- Event, 03.05.2015
Edgeworth experts will host a mock trial at the IAPP Global Privacy Summit.
- Event, 01.15.2015
Dr. John Johnson will speak at the ACI Cyber Security & Data Privacy and Protection Conference.
- Event, 06.18.2014
- Press Release, 09.12.2023
In an environment of heightened regulatory focus on consumer protection issues at both the federal and state levels, Edgeworth Economics announces the formal launch of its Consumer Protection practice.
- Press Release, 06.28.2023
Edgeworth Economics is pleased to welcome Dr. Branko Jovanovic as a Partner in the firm’s Washington, DC office. Dr. Jovanovic brings over two decades of experience in consumer class action litigation and a wide array of regulatory matters.