News

22/05/2017 06:52
LONDON--(BUSINESS WIRE)--FTSE 100 companies could face fines of up to £5 billion a year if they don’t comply with the EU General Data Protection Regulation (GDPR), according to analysis by...
21/05/2017 09:38
Charles Taylor Insurance Services has been appointed by cyber-MGA Node International to deliver an end-to-end operations and administration management service. Under the arrangement, Node...
21/05/2017 09:16
There is a “slow but steady” trend in take-up rates among cyber insurance clients and prices continue to stabilize, according to a recent survey from the Council of Insurance Agents & Brokers...
21/05/2017 09:14
RMS cyber risk management expert, Tom Harvey, called the recent WannaCry ransomware attack that hit businesses across the globe the world’s “first ever cyber-catastrophe,” he told Reinsurance News it...
18/05/2017 06:55
Cyber insurance brokers reported a spike in calls from clients seeking cover following the WannaCrypt ransomware attack that hit 150 countries over the weekend. An increasing number of firms...
17/05/2017 11:58
KUALA LUMPUR (May 16): Fitch Ratings said the slew of recent ransomware attacks in over 150 countries has revealed the widening scope of corporations' cyber risk exposures, which is likely to...
17/05/2017 11:54
The most recent global attack has prompted many in the industry to bet on the rapid growth of cyber insurance. Some predict the market will eventually overtake car insurance.   While the global...
16/05/2017 09:42
Your company's information is always at risk of being stolen, but what if that stolen information is encrypted - and worthless to hackers?  We talked to Rana Gupta, Gemalto’s vice president of...
15/05/2017 22:04
As you will no doubt have seen in the news, there has recently been a global outbreak of ransomware which has hit more than 200,000 victims in 150 countries, with the NHS being the most high-profile...
09/05/2017 15:08
A report released yesterday claimed that brokers are failing clients when it comes to cyber insurance. Research from CFC Underwriting found that over half of UK-based SMEs claim their...
09/05/2017 15:03
Brokers are failing their clients in what has become one of the hottest areas of insurance – at least if a new report is to be believed. According to research from CFC Underwriting, over half of...
30/04/2017 09:11
Cyber threats are evolving rapidly due to the growing digital transformation of society, the widespread use of internet-enabled devices and processes, and the changing profile of hackers. Recent...
22/04/2017 20:23
We are digital natives, and with each passing day we put more of our lives online. We no longer stand and wait in lines; we connect to the Web for instant gratification. Convenient? You bet, but the...
20/04/2017 06:22
 Factories are increasingly computerized and digitally integrated with other parts of a company, so keeping those networks secure is critical   Abbott...
13/04/2017 09:20
Reports of data breaches to see exponential rise once mandatory reporting rules under GDPR come into force, warns DPC Helen Dixon. Ireland’s Data Protection Commissioner (DPC), Helen Dixon, has...
12/04/2017 09:26
At its plenary session on 5 April, the Article 29 Working Party ("WP29") approved revised guidance interpreting elements of the General Data Protection Regulation ("GDPR"), including on the...
11/04/2017 07:45
Here are the top three myths that are costing organisations thousands they can’t afford. On 14th March, the National Crime Agency and National Cyber Security Centre sounded the alarm about the...
11/04/2017 07:23
For the first time, the Office of Civil Rights (“OCR”) penalized a covered entity for failure to implement audit procedures to review, modify, and/or terminate users’ right of access. In...
02/04/2017 09:42
The new General Data Protection Regulation (GDPR) which comes into force in May 2018 could result in a significant increase in the volume of litigation class action suits taken by EU citizens...
02/04/2017 09:39
Since the European Union General Data Protection Regulation (GDPR) was announced in April 2016, with full adoption taking place on May 25, 2018, security and privacy experts have not stopped...
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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