Do you know how to prevent data breaches, and what to do in the unfortunate event that one does happen? We'll give you some best practice tips and tricks as well as break down some legal requirements when it comes to data breaches and your business.
Read more here: https://www.termsfeed.com/blog/business-data-breaches/
2. Each year, billions of consumers
around the world are affected by data
breaches.
While there’s really no fail-proof way to
guarantee your business (and thus
your customers) won’t fall victim to a
breach, there are a few things you can
do to help prevent breaches.
If one does occur, how you handle it
will be extremely important.
3. Here are some tips for how to
prevent a data breach, as well
as guidance on what to do if
one does happen.
4. Train Your Employees
Your company security starts with who you hire and what you allow
your employees to do.
It’s important to always:
Hire trustworthy people
Have and enforce strict data sharing procedures
Train your employees on your security procedures
Limit access to sensitive data to certain employees
5. Enforce Strong Password Protection
Compromised passwords are a top cause of data breaches.
Make sure your employees and customers are aware of the
importance of having a strong password in place to access your
system, software or services.
Consider implementing:
A password manager tool for employees
Two-factor authentication for everyone
6. How noticeable are your legal agreement links?
Monitor All Data Transfers
Train a security administrator or other employee/department to
monitor data transfers both outside and within your business.
Monitor phone calls, emails and other communications for
exchanges that seem suspicious.
7. Have a Breach Recovery Plan
A data breach can occur even when you take all possible steps to
prevent one.
Have a solid breach recovery plan and train relevant employees
and staff on their respective roles in the plan.
Here are some things you should do as part of your recovery plan if
you experience a data breach:
8. Confirm the Breach
It may seem obvious, but the first thing you should do if you believe
you’ve had a data breach is confirm that one has actually occurred.
Work with your IT team or relevant staff to pinpoint what’s going on
and if data has actually been compromised.
9. How noticeable are your legal agreement links?
Isolate the Issue
Figure out exactly how and where the data breach occurred.
Was a specific account’s password compromised? Was your
database accessed via malicious software or some kind of back
door?
When you determine the issue, isolate it. Lock down the
compromised account, bring the affected server offline or take
other specific action.
10. Where are your legal agreement links placed?
3333Assess Damages
Try to determine exactly what data was compromised, and to what
extent.
Has an entire server been breached, or is it just a handful of
accounts that were affected?
By knowing how deep the damages are you’ll be able to notify all
affected parties and be able to adequately fix the breach.
11. Take Legal Responsibility
Different laws dictate what you must do in the event of a data breach.
Become familiar with the laws that affect this aspect of your business.
You’ll need to know:
If you’re required to send a Data Breach Notification
What your Data Breach Notification must contain
What timeframe you have for notifying customers
When authorities must be notified
What fines you may accrue if you don’t handle the breach appropriately
12. By taking appropriate steps to protect
the data at your business, you can help
prevent most data breaches.
If one does occur, it will be very
important how you handle it, both
internally and externally.
13. Do you use a scroll box to display text of your
legal agreements?