News

19/06/2014 18:46
Digital information is fundamental to businesses; it’s at the core of what they do and allows them to operate effectively. Without this digital information, businesses would not be able to foster a...
18/06/2014 09:31
Insurers have yet to develop an evidence-based method to assess a company's cyber risk profile. This has resulted in high premiums, low coverage, and broad exclusions.   Cyber insurance is one...
17/06/2014 12:48
A group called Rex Mundi is threatening to release stolen customer account information unless it gets $41,000. By Dylan Love, Business Insider   A hacker group called Rex Mundi...
13/06/2014 14:33
Do you still shop at Target? There’s been controversy over how much of an impact the massive breach of 40 million credit and debit card numbers in late 2013 had on the company’s shareholders...
13/06/2014 07:40
Experts argue the need for response over detection - with a large side order of insurance to counter the Open SSL insecurity issue. Open SSL insecurity - can cyber insurance fill the gaps? The...
06/06/2014 11:10
  The recent data breach by Target, the second largest in retail history, offers some very important lessons in how to do and hownot to do crisis communication. Let’s review the message...
25/05/2014 09:42
Business insurance is a boring but necessary element to any business. Yet knowing there have been more than half a billion data breaches in the past nine years, business owners may want to take...
25/05/2014 09:31
The Ponemon Institute has released its 2014 Cost of Data Breach Study: Global Analysis.  The Ponemon 2014 study, (additional registration is required), offers fascinating...
10/05/2014 19:23
When a data breach occurs and millions of users’ information is compromised, someone has to take the blame for it. Target Corp. CEO Gregg Steinhafel on Monday resigned from his...
30/04/2014 00:02
  The following is a roundup of healthcare data breaches reported in the last 30 days, beginning with the most recent: 1. Laptops Stolen from New York Podiatrist's Office Contained 6,475...
21/04/2014 17:05
Back to the Beginning: Moving Beyond Breaches There’s a saying in the cybersecurity industry that there are two types of businesses today: Those that have been breached and know it and those that...
19/04/2014 09:02
Bboard members should not expect a free pass. The reputation damage and soft costs from a data breach can be immeasurable. Board members can face liability, either for taking an action or...
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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

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