Getting back on track after a data breach
With the average cost of recovery from a data breach now at $7million, it pays to have some protection in place. A cyber attack can not only disrupt your business operations and revenue, it can also damage your reputation and result in huge legal and PR costs.
How can you return to business as usual? Start by making sure you have the correct policy in place. You need to be covered for…
Lost data
Lost devices
Notification requirements
Forensic investigation
A specialist cybersecurity company should take care of this aspect of your business, rather than the IT department. For example, if a potential security vulnerability is uncovered but it isn’t fixed due to a lack of in-house knowledge, your insurance may be invalidated.