Data Breach is a security violation where a company’s sensitive and confidential data is copied, viewed, stolen or used by an unauthorized individual. Data breach is not an issue of “if” but rather “when”. With this in mind, it’s best to prepare your business for data breach.
You need to face this issue head one, by considering the options for your business’ protection. One of the current solutions is acquiring a data breach insurance, which covers a wide variety of potential cost associated with a breach. Given that this is a new financial instrument, terms and conditions for the coverage may vary from one insurance provider to another.
The breach insurance doesn’t stop data breach from occurring in your company or eliminate accidents; all it does is mitigate the downside of the breach.
These three practical steps will help you protect your organization against a breach:
STEP 1: Establish the Right Security Technology
The right security technology is one that will help your company: control the flow of information across the network; control access to the information itself; protect the end systems; encrypt information wherever needed and other advanced security requirements like data loss prevention. An investment in a security intelligence technology will be to your company’s advantage in the future.
STEP 2: Manage Configuration Continuously to Stay Ahead of Threats
This may be a great idea to prevent data breach but this can be a bit challenging. The fundamentals are basic though; open the doors of the network to meet specific business requirements but aside from this, ensure that doors on the network are locked.
Automated configuration audit solutions can help assist is continually assessing the effectiveness of the configurations that are on your perimeter security devices, gateways, and endpoints. Aside from this, you must have tools that can lower the barrier to entry, effectively analyze complex device configuration and provide exceptional automation which can quickly detect applied configurations which might put your assets at risk.
STEP 3: Address Top Vulnerabilities Immediately
Vulnerability scanners have become one important tool for a security administrator to ensure that assets in the network are not susceptible to vulnerabilities. But a challenge with this scanner is their inability to recognize vulnerabilities around the device, which may result to information overload, rendering the system vulnerable to the first line of attack from those who wish to do harm.
Aside from these you must diligently process and create policies that will limit your company’s exposure to data breach and train your staff regularly about these policies. Also, employees must be constantly reminded to maintain full control of your company’s vital information whether inside or outside of the office. Lastly, implement a shred-all policy for documents that are no longer necessary. Data breach should be tackled in a comprehensive, risk-based approach which will allow you to look at incidents in context. This is a multi-layered effort which requires professional business management. With this tips you can reduce your business’ reputational and financial risks. So, start preparing and stop worrying.