How to deal with a data breach at your company

How to deal with a data breach at your company

  • With the increasing risks of data breaches, organizations should not only work on mitigating but also develop a plan to deal with such occurrences.
  • While it is important to protect and prevent your business from a data breach, finding a recovery plan following a breach is important.
    • Contain the Breach – begin by isolating the affected systems to prevent them from spreading to your entire network. This includes disconnecting any breached accounts and shutting down targeted departments.
    • Assess Degree of Damage – Identifying how the attack occurred is important to prevent future attacks using the same tactics. You should also thoroughly assess the affected systems to uncover any malware left by the hacker. During the assessment, identify the attack vector, social engineering methods used, and sensitivity of breached data.
    • Inform the Affected – You should notify the relevant authorities, individuals, and third-party organizations affected. Ensure that you craft the data breach notification letter openly and sincerely. Inform both internal and external affected persons about the type of data breach that occurred, records affected, possible losses incurred, plans for mitigating the damage, and how you intend to prevent a recurrence.
    • Conduct a Security Audit – With or without a data breach, regular security audits are important.
    • Improve Your Cybersecurity Systems
      • Using data encryption
      • Multi-factor authentication
      • Training employees

– Chris Smith | May 25, 2021