The US FTC, agency in charge of cybersecurity and privacy is hosting a hearing on December 12, 2017 to discuss three major topics:

1. “Better identify the qualitatively different types of injury to consumers and businesses from privacy and data security incidents;”
2. “Explore frameworks for how the FTC might approach quantitatively measuring such injuries and estimate the risk of their occurrence;” and
3. “Better understand how consumers and businesses weigh these injuries and risks when evaluating the tradeoffs to sharing, collecting, storing and using information.”

These topics will have a direct bearing on how plaintiffs in data breach litigations may prove injury to satisfy standing requirements as discussed here. 

Will monitor and update.