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Nearly every day there is a data security incident requiring a response from businesses and organizations. To help clients better understand what is behind these events and how to prevent them, Kroll annually issues a report based on an analysis of our clients’ data breach cases. The 2016 edition, Special Report: Annual Data Breach Trends, provides the latest findings along with our recommendations.
Make no mistake: hacking and sophisticated cyber attacks are a real threat that require specialized resources and expertise. The good news is that the current data breach trends demonstrate that many incidents are both preventable and manageable. Here are three tips to better protect your organization from a future data loss:
Conducting breach drills or tabletop exercises on a regular basis can confirm your organization’s readiness to deal with a crisis, or highlight gaps that need your attention. Part of this readiness will require having a detailed, step-by-step communication and notification action plan, as well as a strong relationship with specialized outside counsel to help guide a response.
In working with clients of all sizes and industries on their data breaches, our team sees firsthand the impact of such incidents and fully understands why protecting data is such a valuable investment. Consumers, clients, and individuals are more aware than ever about the nuances of data theft. That is why today, when a breach occurs and is confirmed, it is no longer enough for an organization to simply say: “The breach is contained.”
In this short video, Managing Director Brian Lapidus, leader of Kroll’s Identity Theft and Breach Notification practice, offers an overview of the impact of breaches, the threats that exist, and why it is so important for organizations to work diligently to protect the information in their care.