News

17/06/2018 14:22
Cyber risk often touches companies in unexpected ways. In May 2017, an engineering firm learned this when it lost access every last piece of data it held. This included all of the firm’s technical...
12/06/2018 07:14
It’s no wonder when you bring two massive technology shifts together experts in each area rush to weigh in at the intersection. Akshay Sharma, Principal Analyst for the boutique advisory firm...
20/05/2018 20:15
Today’s cyber risks come in all shapes and sizes, from disclosure of protected information due to hacking or employee negligence, through network shutdown or impairment, regulatory violations, and...
18/05/2018 08:27
The potential financial impact of the General data Protection Regulation (GDPR) has generated concern across organizations globally. It is important for you to be aware of how the insurability of...
11/05/2018 07:37
I first got involved in cyber liability insurance back in 2011. An underwriter contacted me for some advice around a new ‘cyber’ thing that they were planning to launch and had seen me speak at a...
27/04/2018 07:03
Boards are facing the challenge of having to innovate to keep up with evolving digital technology and ensuring their firms are resilient to new cyber threats.   There has been a lot of...
27/04/2018 06:23
The spending is shifting more toward data security and IT systems. Equifax carries $125 million in cybersecurity insurance with a $7.5 million deductable. Equifax's first quarter earnings report...
25/04/2018 13:30
Μost carriers say that cyber insurance is quite profitable for them at the moment, and a majority are also using reinsurance to manage their exposures, PwC found in a new global survey of specialist...
14/04/2018 02:20
The last 40 years have seen a transformation in where value lies for most organizations. In 1975, more than 80 percent of the market cap of the S&P 500 was derived from physical assets and...
13/04/2018 08:06
The EU General Data Protection Regulation (GDPR), which is due to come into force in May 2018, will affect every organization that uses the data of European citizens. In this article, Stephen Cameron...
13/04/2018 08:03
When it comes to handling the European Union's General Data Protection Regulation (GDPR), there are two vastly different schools of thought. Some shrug off GDPR and assume that it doesn't apply to...
06/04/2018 08:17
PHILADELPHIA, April 5, 2018 /PRNewswire/ -- NetDiligence®, a leading provider of cyber risk readiness and response services, announced today it has published Spotlight Healthcare, data-driven...
04/04/2018 09:07
According to new report published by Grand View Research, the global cyber security market is expected to reach USD 205.51 billion by 2024. Implementation of advanced level of cyber security can...
26/03/2018 12:50
Countless people have chosen to quit Facebook over the years, but last week’s mass exodus felt more significant. “I’m going to pull my photos and delete by the end of the week for good,” wrote one...
23/03/2018 07:35
Justice Minister Katarina Barley said the Cambridge Analytica scandal bombarded users with hate speech. Facebook CEO Mark Zuckerberg has been called to answer questions in the UK's criminal probe...
23/03/2018 07:30
When Facebook co-founder Mark Zuckerberg posted a status update Wednesday on the still-unfolding Cambridge Analytica scandal, he called it an “issue,” a “mistake” and a “breach of trust.” But he...
16/03/2018 09:41
This article provides a description of some of the critical provisions of the New York Department of Financial Services’ Cybersecurity Requirements for Financial Services Companies and the National...
15/03/2018 07:44
The most important risks for businesses in the United Kingdom Allianz Risk Barometer The annual Allianz Risk Barometer identifies top corporate perils based on the insight of more than 1,900 risk...
11/03/2018 09:40
Cyber exposure is an unwelcome reality faced by commercial organizations worldwide. It’s one of the fastest growing risks in the world as businesses become more interconnected, data-driven and...
03/03/2018 17:01
Building resilience to cyber risk in banks is a rapidly growing priority for regulators. This new report, by Deloitte's EMEA Centre for Regulatory Strategy, explains why banks in Europe should...
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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