News

22/07/2017 16:36
At Beazley, we see first-hand the impact of cyber breaches on organizations of all types and sizes. Our Beazley Breach Response (BBR) data breach insurance is backed by our dedicated in-house...
19/07/2017 10:44
While digitisation is revolutionising business and daily life, it is also making the global economy more vulnerable to cyber-attacks. As the cyber threat grows so the demand for cyber insurance...
10/07/2017 10:06
DLA Piper is still recovering from last week’s cyber attack, with insurance brokers saying that the resulting upheaval could lead to costs “in the millions”. The firm, which...
06/07/2017 09:30
A.M. Best reported that the top “cyber insurance writers have shifted away from writing packaged policies to standalone coverage by nearly a 70-30 split on the $1.3 billion of direct premiums written...
28/06/2017 13:14
Over the past few decades the internet has enabled extraordinary innovation to take place, creating new business models, giving rise to world-changing companies and generating millions of jobs. But...
28/06/2017 04:14
A GLOBAL cyber attack has spread across the world, hitting computer systems everywhere from the UK and Russia to America and the Ukraine. Here is what we know so far. British, Russian and Dutch...
24/06/2017 09:21
A new Fitch Ratings report states that cyber insurance’s direct written volume for the property/casualty (P/C) industry grew by 35% last year to $1.35 billion (£1.06 billion). Fitch states that the...
23/06/2017 11:44
With less than one year until the May 25, 2018 deadline for compliance with the EU General Data Protection Regulation (Regulation (EU) 2016/679) (the "GDPR"), affected companies should already...
23/06/2017 11:42
A fifth of Irish businesses have been the target of online ransom demands in the past year while more than half of top IT professionals don’t believe their firms understand their own security...
17/06/2017 08:42
A national supermarket chain has been fined for breaking the law on how people’s personal information should be treated when sending marketing emails. An investigation by the Information...
17/06/2017 08:39
You'd know the General Data Protection Regulation is less than a year off. With Europe's big regulatory stick getting closer and closer, big companies are really starting to get into gear....
08/06/2017 09:44
Is your company getting ready for the General Data Protection Regulation? If so, it might be in the minority. That's because, according to research conducted by TrustArc, the answer is likely no. In...
08/06/2017 09:39
For the first quarter of 2017, global insurance underwriter Beazley reported that there has been a significant increase in the number of data breach incidents. The company’s Beazley Breach Response...
05/06/2017 07:49
Food and beverage processors should harden their manufacturing systems to prevent ransomware and other threats and check their insurance policies to see such crimes are covered. We're unaware if...
05/06/2017 07:45
Reforms such as demonetisation and introduction of a singular indirect tax called Goods and Service Tax have pole-vaulted digitisation of the financial economy in India, which has the second largest...
02/06/2017 09:18
Causing anxiety: insurance practitioners and industry observers in Bermuda have identified Cyber-risk as the top concern for the next two or three years   Cyber-risk is the top concern for...
29/05/2017 10:51
The increasing use of and dependence on information technology in economic activities - while creating significant benefits in terms of productivity and efficiency - is also leading to significant...
27/05/2017 08:15
The tiny market for cyber insurance has been slower to develop than generally anticipated, a member of Allianz's board said in an interview. The European market for cyber insurance currently has a...
27/05/2017 07:46
A lot more convergence in cyber insurance policies is expected within the next few years as policies, exclusions and wording get tested and case law develops, John Elb suggested Wednesday during a...
24/05/2017 11:42
Given that many multinational corporations have a presence in both developed and emerging markets, it is imperative that they have a robust and well maintained supply chain management structure...
<< 8 | 9 | 10 | 11 | 12 >>

 

 

 

 

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