For decades, the world has been on a steady and not-so-slow path of innovation and daily adoption toward what some might call digital domination. Almost everything is done and undone with a screen touch, keystroke, password, or PIN. This world is a reality now.
We are more digitally connected than ever before. While this connectivity allows for new technological capabilities, it also creates constant vulnerabilities for businesses, governments, and consumers. Those vulnerabilities cost lost time, money, relationships, and financial and reputational damage.
At Experian, we know that preparation is paramount when it comes to a cyberattack. We’re continuing to expand our product offerings, keep our eyes and ears on the lookout for rising threats and trends, and use our years of experience to support our partners when they need us most.
From the C-Suite to the call center, every employee in your organization must have breach risks on their radar and understand their role in your data breach response plan. The days of data breach preparedness falling squarely on the shoulders of cybersecurity and IT teams are over.
Explore industry insights on the top industries impacted by breach by number of compromises within the guide:
A data breach can significantly impact businesses of any size. Having a ready-to-go response plan and team in place can help prevent further data loss if a breach happens and also avoid significant fines and harm to your reputation.
Don’t wait to discover a breach to decide who will lead the breach management process.
A response team should be assembled well in advance and involve the coordination of multiple departments. Read our enclosed guidance into the internal members, external partners, and influencers that should play critical roles in your response plan.
1,4IBM & Ponemon 2021 Cost of a Data Breach Report
²Identity Theft Resource Center: 2021 End-of-Year Data Breach Report
³Cybint Solutions. “15 Alarming Cyber Security Facts and Stats,” December 2020
⁵Cybersecurity Ventures, Cybercrime to Cost the World $10.5 Trillion Annually by 2025
6,7,8Experian and Ponemon. 2022. Ninth Annual Study: Is Your Company Ready for a Big Data Breach?