Truvantis Blog

Beyond the Breach

Written by Truvantis | Jun 24, 2023 12:26:52 AM

Ok, so you had a data breach. What do you do next?  

Some experts warn that it's not a matter of 'if' but 'when' your information management system will get breached. Time-to-detection and time-to-recovery are essential factors of business continuity. What steps should you take in case of a data breach, and whom should you contact?  

According to the IBM Cost of a Data Breach Report 2022: 

  • Average data breach costs: 
  • 2020 $3.86 million  
  • 2021 $4.24 million 
  • 2022 $4.35 million 
  • Detection and escalation costs ($1.44 million) surpassed lost business costs ($1.42 million) for the first time in six years. 
  • The average cost for organizations with a high level of regulatory compliance was $2.6M or 50.9% lower than costs at organizations with a high level of compliance failures. 

 Proactive & Reactive Security  

Securing organizations against cyberattacks is a continuous process as attackers constantly seek new methods. An effective security program combines both proactive and reactive security efforts.  

Proactive security helps comply with laws and regulations, protect against known attack vectors and build business continuity and disaster recovery plans for when events occur.  

Reactive security deals with events after they have occurred. A mature, proactive security program helps your reactive approach become quicker and more effective when needed. 

 

Effective incident response relies on being prepared. Maintaining a mature cybersecurity program and having a plan of attack for when incidents occur is vital to limiting the damage of ransomware and data exfiltration attempts on your organization. 

Respond 

Activate the Breach Response Team 

Secure Your Operations  

Eradicate, Recover and Mitigate Vulnerabilities  

Have a communications plan  

Notify Appropriate Parties  

 

Prepare 

Continuous Improvement  

Metrics  

Share Actionable Information  

Have a Plan for Recovery  

Cybersecurity Training  

Rehearse – tabletop exercises 

 

 

To learn more about strengthening the effectiveness of your breach response, please click here 

About Truvantis 

Not every business can internally support the staffing and resources necessary for developing robust incident response programs on its own. Fortunately, you can partially or fully outsource the job of building in, training the team and running the tabletop exercises to trusted partners. At Truvantis, our vCISO service is not a one-size-fits-all solution. We take a personalized approach to your business situation, cybersecurity, privacy and incident response requirements.  

Truvantis® is a cybersecurity consulting organization providing best-in-class cybersecurity services to secure your organization's infrastructure, data, operations and products. We specialize in helping our clients improve their cybersecurity posture by implementing testing, auditing and operating information security programs.