Today, cyber breaches have become increasingly common and are no longer limited to credit card companies or retailers. Businesses such as law firms, financial institutions, and health care organizations that house highly sensitive data are now also at great risk of a data breach. Because of this rapidly increasing risk, it is becoming more important than ever to have a comprehensive plan that has been thoroughly tested.
It is not enough only to have a plan in place. Simulation exercises that test the plan and the ability of staff to execute that plan can help to keep panic at bay should a breach occur. This kind of preparation can also help to minimize damage to the company and its clients or customers, and it can also assist in terms of investigations or litigation that often follow a data breach, as it demonstrates that company has taken the appropriate steps to prepare for a breach in addition to working to avoid infringement.
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