News

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...
02/02/2018 09:47
By Kevin Kalinich, Global Practice Leader – Cyber Insurance, Jacqueline Waters, Management Liability Legal & Claims Practice Leader and Chris Rafferty, US Sales & Growth Strategies...
02/02/2018 09:18
Tokio Marine Kiln (TMK), the London-based provider of specialist and corporate insurance, has appointed Alex Jomaa as cyber underwriter. He takes up the role immediately and will report to Laila...
29/01/2018 11:55
European cyber losses have affected organizations across Europe in recent years. 2017 was a particularly busy year as the region faced a series of cyber incidents including the Wannacry and NotPetya,...
27/01/2018 08:14
A Mailjet study of 4,000 companies shows an average GDPR-readiness score of 4.1 out of 10. A study by global email provider Mailjet shows that although 91 percent of startups say they’re collecting...
23/01/2018 07:57
Key points of the recent ODPC guidance and the Article 29 Working Group guidance   The Article 29 Working Party (WP29) adopted guidance on the role of the Data Protection Officer (DPO) under the...
20/01/2018 06:42
SAP study reflects people are selective about what data they'll share and why As we approach implementation of the General Data Protection Regulation (GDPR) in Europe and brace for its repercussions...
18/01/2018 04:27
Cybersecurity threats are emerging at a rapid pace and existing threats are intensifying tenfold. It’s a fast-growing insurance market worldwide, with many trying to get to grips with how to mitigate...
17/01/2018 07:37
Following high-profile cyberattacks such as Petya and WannaCry, it’s easy to see why companies are dashing to get their hands on either technological solutions or appropriate insurance. And with a...
09/01/2018 06:48
Currently, we stand between two paradigms in the regulation and preservation of privacy. The U.S., as host to some of the world’s biggest tech giants, like Google and Facebook, relies on...
05/01/2018 14:31
It’s time for insurers to wake up to the reality of their role in protecting companies from the fallout from cyber attacks, says Dan Trueman, the global head of cyber at AXIS Insurance. The hype...
03/01/2018 10:35
As the clock moves inexorably to a new year (and our look back at the past year is complete), it is time to pick up our crystal ball and predict what 2018 will bring. In the field of...
03/01/2018 10:31
Experian's 2017-2018 Data Breach Response Guide There are “leaders” and there are “laggards” when it comes to data breach incident response planning. While some organizations are taking incident...
01/01/2018 16:36
When it comes to cyber threats and how they continue to evolve, Adam Cottini, managing director of Gallagher’s Cyber Liability practice, offers a chilling assessment: “You have the known and the...
14/12/2017 07:06
Despite a series of high-profile cyber breaches, Willis Towers Watson P.L.C. said Tuesday that experts forecast cyber insurance rate increases of up to 5% for 2018. The prediction was based on...
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Cyber Rescue Ltd.

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 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

 

 

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