News

12/08/2014 09:20
  Sensitive data can be exposed to anyone. This happens all the time, and affects small and large businesses. Exposure can lead to loss of reputation, which can be very bad for a large...
11/08/2014 07:34
Guest opinion NICK ABRAHAMS Norton Rose Fulbright’s Nick Abrahams There is something of a Pollyanna approach to information security in boards around Australia at present. Many...
10/08/2014 23:07
The Cyber Security Solutions and Services report defines and segments the market in North America with analysis and forecast of revenue. The cyber security solutions and services market...
10/08/2014 22:55
CYBER SECURITY IS GAINING MORE ATTENTION, BUT INSURANCE COVERAGE IS FAILING TO MEET COMPANIES’ NEEDS Cyber security is becoming a major issue and the growing prevalence of malicious attacks...
08/08/2014 22:45
You already know a data breach is bad news for everyone, consumers and the breached business alike. But you might be shocked to learn just how severe the reputational impact can be for businesses. In...
08/08/2014 22:19
There are two cost elements to consider when it comes to data breaches: the upfront investment to prevent a data breach including technologies, staff time, and other resources and post-breach...
08/08/2014 08:10
A Russian gang stole an estimated 1.2 billion username/password combinations and, along the way, the criminals also amassed more than 500 million email addresses. What does the theft mean to credit...
07/08/2014 21:46
News that Target’s CEO Gregg Steinhafle is stepping down has prompted a flurry of reports from media outlets trying to recap events since the company announced a data breach on Dec. 19,...
07/08/2014 21:40
Target, still feeling the pain from a huge data breach last year, said in a security filing on Tuesday that costs associated with the episode reached $148 million in the second quarter. The company...
07/08/2014 06:58
A local restaurant chain confirmed Friday that its computer systems were breached, putting the credit-card information of thousands of customers at risk, including visitors who attended two major...
07/08/2014 06:54
It is possible that your current restaurant insurance coverage has not kept pace with the rapidly evolving world of cyber liability. Cyber liability for restaurants is an area of risk that restaurant...
06/08/2014 07:33
Security awareness among your employees is your first line of defense against a data breach. Protect your business by following these 8 tips. Imagine if every IT security manager had the budget,...
05/08/2014 05:43
The leveraging of data as a competitive asset is quickly becoming the difference between success and failure for companies operating within the same vertical. The writing is definitely on the wall...
05/08/2014 05:36
Every company is a data company, the only difference is some “get it” and some don’t. Companies that ignore the wave of data they have access to are in for a rude awakening in the coming years....
03/08/2014 21:53
Companies are increasingly vulnerable to incoming cybersecurity threats. "Hactivism," corporate espionage, insider and government threats, terrorism, and criminal activity can cost time and...
03/08/2014 20:26
Cyber insurance is now booming, with about 50 carriers in the industry. An increasing number of companies have cyber insurance to protect against cyber crime. However, businesses claim it’s not easy...
03/08/2014 09:28
While insurance companies can provide a one-stop shop for breach notification, crisis management and public relations after a security disaster, many organizations are not aware of the sublimits of...
01/08/2014 18:29
A lawyer produces information containing personally identifiable information about a client’s employees to another law firm. One of the lawyers at the other law firm downloads a copy of that file and...
30/07/2014 19:49
Insurers put food on the table by preparing for disasters that most people would rather not think about: fires, hurricanes, earthquakes, car accidents, collapsing buildings. Now they're increasingly...
29/07/2014 20:48
In recent years, insurance companies have been finding themselves affected by the rising number of major incidents of cyberattacks. On the one hand, this trend presents a business opportunity for...
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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