News

27/04/2018 07:03
Boards are facing the challenge of having to innovate to keep up with evolving digital technology and ensuring their firms are resilient to new cyber threats.   There has been a lot of...
27/04/2018 06:23
The spending is shifting more toward data security and IT systems. Equifax carries $125 million in cybersecurity insurance with a $7.5 million deductable. Equifax's first quarter earnings report...
25/04/2018 13:30
Μost carriers say that cyber insurance is quite profitable for them at the moment, and a majority are also using reinsurance to manage their exposures, PwC found in a new global survey of specialist...
14/04/2018 02:20
The last 40 years have seen a transformation in where value lies for most organizations. In 1975, more than 80 percent of the market cap of the S&P 500 was derived from physical assets and...
13/04/2018 08:06
The EU General Data Protection Regulation (GDPR), which is due to come into force in May 2018, will affect every organization that uses the data of European citizens. In this article, Stephen Cameron...
13/04/2018 08:03
When it comes to handling the European Union's General Data Protection Regulation (GDPR), there are two vastly different schools of thought. Some shrug off GDPR and assume that it doesn't apply to...
06/04/2018 08:17
PHILADELPHIA, April 5, 2018 /PRNewswire/ -- NetDiligence®, a leading provider of cyber risk readiness and response services, announced today it has published Spotlight Healthcare, data-driven...
04/04/2018 09:07
According to new report published by Grand View Research, the global cyber security market is expected to reach USD 205.51 billion by 2024. Implementation of advanced level of cyber security can...
26/03/2018 12:50
Countless people have chosen to quit Facebook over the years, but last week’s mass exodus felt more significant. “I’m going to pull my photos and delete by the end of the week for good,” wrote one...
23/03/2018 07:35
Justice Minister Katarina Barley said the Cambridge Analytica scandal bombarded users with hate speech. Facebook CEO Mark Zuckerberg has been called to answer questions in the UK's criminal probe...
23/03/2018 07:30
When Facebook co-founder Mark Zuckerberg posted a status update Wednesday on the still-unfolding Cambridge Analytica scandal, he called it an “issue,” a “mistake” and a “breach of trust.” But he...
16/03/2018 09:41
This article provides a description of some of the critical provisions of the New York Department of Financial Services’ Cybersecurity Requirements for Financial Services Companies and the National...
15/03/2018 07:44
The most important risks for businesses in the United Kingdom Allianz Risk Barometer The annual Allianz Risk Barometer identifies top corporate perils based on the insight of more than 1,900 risk...
11/03/2018 09:40
Cyber exposure is an unwelcome reality faced by commercial organizations worldwide. It’s one of the fastest growing risks in the world as businesses become more interconnected, data-driven and...
03/03/2018 17:01
Building resilience to cyber risk in banks is a rapidly growing priority for regulators. This new report, by Deloitte's EMEA Centre for Regulatory Strategy, explains why banks in Europe should...
03/03/2018 16:40
Record-setting catastrophe losses in 2017 sparked hopes of a bottoming out of the soft market cycle and although re/insurance renewal rates trailed expectations, Q4 2017 saw a reversal of the trend...
02/03/2018 07:33
It was more than 20 years ago. The Internet as it is known today was in its infancy. Steven Haase was with an insurance agency in Atlanta focused on insuring technology companies. “Around 1995, I saw...
21/02/2018 07:44
New York, Feb. 20, 2018 (GLOBE NEWSWIRE) -- Cyber extortion, payroll diversion phishing attacks and fraudulent wire instruction are among the growing threats to business highlighted in the 2018...
20/02/2018 07:26
1. Prepare a data map, which is a report on what personal data the company processes throughout its organization, where that data flows throughout the organization, where it is stored, who within the...
17/02/2018 22:18
Today, the Council of Economic Advisers (CEA) released a report detailing the economic costs of malicious cyber activity on the U.S. economy. Please see below for the executive summary and read...
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Cyber Rescue Ltd.

Incident Response

 The First 24 Hours Checklist 

  

Panicking won’t get you anywhere once you’ve discovered a data breach. Accept that it’s happened and immediately contact your legal counsel for guidance on initiating these 10 critical steps:

  • Record the date and time when the breach was discovered, as well as the current date and time when response efforts begin, i.e. when someone on the response team is alerted to the breach.

  • Alert and activate everyone on the response team, including external resources, to begin executing your preparedness plans.

  • Secure the premises around the area where the data breach occurred to help preserve evidence.

  • Stop additional data loss. Take affected machines offline but do not turn them off or start probing into the computer until your forensics team arrives.

  • Document everything known thus far about the breach: Who discovered it, who reported it, to whom was it reported, who else knows about it, what type of breach occurred, what was stolen, how was it stolen, what systems are affected, what devices are missing, etc.

  • Interview those involved in discovering the breach and anyone else who may know about it. Document your investigation.

  • Review protocols regarding disseminating information about the breach for everyone involved in this early stage.

  • Assess priorities and risks based on what you know about the breach.

  • Bring in your forensics firm to begin an in-depth investigation.

  • Notify law enforcement, if needed, after consulting with legal counsel and upper management

Source: Experian Data Breach Guide