Topics: Agent Resources Cyber Liability
It seems every day we learn about a new data breach, and the numbers keep getting bigger: 56 million records compromised in the Home Depot breach, 110 million in the Target data breach, and now 500 million at Yahoo, according to the Wall Street Journal.
Your small business clients will probably never face a breach of this magnitude, but even a few hundred compromised records can jeopardize credibility and cost the company thousands in damages. This makes early detection even more critical, because it takes a lot less time to steal a few thousand records than several million. Don’t let these numbers fool you. It’s not easy to steal millions of records, and it doesn’t happen overnight. These breaches are huge because companies aren’t catching them in time. Last year, data breaches went undetected for an average of 205 days. That’s a lot of time for a hacker to do damage!
So what can you do to detect a data breach early? A good hacker isn’t going to announce his presence, but there are some warning signs you should be watching for:
When it comes to potential data breaches, the most important measure a company or agency can take is to take no chances. If you detect anything out of the ordinary, investigate it like your business depends on it, because it just might.
Whatever you do, don't wait 205 days to notice the problem. Make sure your clients are protected with cyber liability.