With 267 million records being exposed in data breaches in 2012, experiencing a breach may be inevitable, but the bank-breaking costs often associated with them doesn’t have to be. In fact, a Ponemon study reveals that organizations can greatly reduce the cost of a data breach by having an incident response plan, a strong IT security posture and a Chief Information Security Officer.
That’s why this Response Guide is a vital tool that can be used in defense against data breaches.
Inside, you’ll learn why it’s important to have an incident response plan, how to create one and what to do during the first 24 hours of a breach.
We’ll explain what you need to know about notifying your customers, patients or employees. The guide also has the latest information on the HIPAA Omnibus Rule and upcoming federal legislation on breach notification laws. After you create your response plan, it’s important to test and update it. Recommendations for updating your plan are included in this publication, along with some helpful resources.
So please, take a little time to review this guide, and if you don’t have an incident response plan, use this to help create one. It could mean the difference between a breach that causes a brief disruption and one that causes a major meltdown.
Is Your Company Ready For a Big Data Breach?
The latest study from the Ponemon Institute, sponsored by Experian® Data Breach Resolution
How prepared is your company for a material data breach involving the loss or theft of more than 1,000 records containing sensitive or confidential business information? How would you grade the incident response plans in place that would reduce such negative consequences as the loss of reputation, customer loyalty and regulatory fines?
In a new study sponsored by Experian® Data Breach Resolution, Ponemon Institute surveyed a representative sample of privacy and compliance leaders in various-sized organizations in the United States on the following topics:
- Expectations that their organizations will experience a material data breach resulting in loss
- of customer trust, regulatory fines, loss of customer and negative public opinion
- Data security practices in place to avoid a material data breach
- The existence of a quality data breach preparedness plan
How To Manage a Data Breach