Posts Tagged ‘ data breach response ’

Consequences following a data breach

Our latest study, Aftermath of a Data Breach Study, was conducted to better understand how a data breach affects organizations over the long term.[ READ MORE ]

How data breaches harm reputations

The Ponemon study clearly shows that when data breaches occur, the collateral damage of a company’s brand and reputation become significant hard costs that must be factored into the total financial loss. [ READ MORE ]

Quick glance: data breach litigation & legislation in 2012

With the recent spate of data breaches and accompanying class action lawsuits, businesses have constant reminders that an ounce of prevention is worth a pound of cure. The best way to protect your business against the high costs of data breaches is to ensure your security practices and fraud resolution plans are strongly built to ward off malicious attacks and the complications that follow.[ READ MORE ]

Data breaches make the hospitality industry less hospitable

According to a new report by British insurance firm Willis Group Holdings, insurance claims for data theft worldwide jumped 56% last year, with the largest share of those attacks - 38% - targeting hotels, reports and tour companies. Why are hackers increasingly making themselves at home in the hospitality sector? [ READ MORE ]

What consumers should know about data breach notification

It can be unnerving to be told that your information has been compromised in a data breach. The uncertainty of not knowing all the details and the anxiety over what information has been exposed is deeply troubling to many consumers. A breach notice makes us aware of a new risk to our lives that we can’t measure easily.[ READ MORE ]

Data breaches – to prepare or not to prepare? The answer is simple.

All data breaches have two things in common: the need for prompt resolution and the need for a robust preparedness plan. [ READ MORE ]

Develop a data breach response plan now to be ready to efficiently address a breach as soon as it is reported

The proliferation of state data breach notification laws, substantive state information security laws (such as the Massachusetts data security standards), and FTC and private lawsuits on information security matters has led to heightened attention to information security in both IT budgets and staffing and in terms of legal resources. With budget pressures all around (not to mention time pressures and the pressures of other duties that in-house counsel already has), the question becomes: How can my organization lower the time and dollar costs associated with information security when there is a breach? [ READ MORE ]