Topics: Cyber Liability
This cross-functional team should coordinate and implement a breach response plan for the entire organization and be the primary contact should a breach occur.
It is critical that you know what information is being stored so an appropriate response can be launched. Here’s what’s critical to know:
Once sensitive information in data files is known, a suitable action can be deployed on behalf of those parties who must be notified in a timely manner. Who must be notified and when? Who are you required to notify? How soon do they need to be notified?
Identify the organization’s stakeholders who need immediate notification in the event of a breach. That may include:
If a breach occurs and a plan is in place, a response should be automatic. The sooner affected parties are notified, the better the long term outcome. Essential to a breach response plan are:
While it's important to do everything you can to prepare and prevent a breach, your clients also need to be prepared in the event that a breach can't be prevented. With a Cyber Liability policy from AmTrust, your clients can be confident that their assets will be covered. Did you find this article helpful? You might also like Cybersecurity sense: Do you know the early warning signs of a data breach?