Last Updated: 2014-12-01 00:12:10 UTC
by Guy Bruneau (Version: 1)
The Ponemon Institute conducted and released a paper in September on its second annual study on data breaches. Some of the data collected shows interesting results. Based on their survey, 68% of respondents don't believe their company would know how to deal with negative public opinion and 67% think their organization does not understands what to do after a data breach occurs.[page 3] If either one occurs, it usually impact the brand, it can lead to lost of customers and shake business partners' trust and confidence in the company.
They also found that more companies now have a data breach response plan 73% in 2014 compared to 61% last year. According to this survey, only ~30% of the response plans are effective or very effective.[page 4] The report suggest to be effective, the organization must provide training to its employees, to make them aware of their responsibilities on how to protect customer information when a data breach occurs.
There are several template of data breach response plan freely available to get you started. If you have one in place, how often is it reviewed and exercised? Do your receive training on how to properly safeguard customers' sensitive data? The study can be downloaded here.
 http://www.experian.com/assets/data-breach/brochures/2014-ponemon-2nd-annual-preparedness.pdf [page 3,4]
Guy Bruneau IPSS Inc. gbruneau at isc dot sans dot edu