Particularly Effective and Timely Identification of Applicable Response Actions

With organizations worldwide now connected through technology, there is high concern about the frequency of data breaches. They can lead to monetary expenses and loss of share value, constant negative publicity, and a loss of consumer confidence. The Institute also points out that data shows the global average cost of a data breach went up, which was $3.92 million in 2019. However, getting breached means losing business, and shaving off customer loyalty, which are the secondary effects. Thus, there is a need to sequence response activities to reduce loss and achieve order and orderliness when such disasters occur. This article offers measures that one has to undertake to move quickly, but systematically, to deal with the situation effectively in the case of a data breach.

Evaluate and Classify the Incidents that are liable to the Information

The primary step in restoration from a data breach is the evaluation and classification of compromised data. In that sense, it may help us to gain insights into the scale and the severity of the problem with which organizations live. Thus, the relative priority of response tasks becomes easily discernible.

Secondly, figuring out what kind of delicate information was revealed as a result of a breach is important — was it your details or financial records, or it is some kind of commercial secrets or patented info? Understanding when and how security incidents occur will assist you in identifying which systems or databases you are operating would be threatened and the extent of the risk or possible repercussions.

After deciding the type of data that has been leaked, it is possible to attempt to determine the extent of the data leak. Identify the number of people or accounts that got compromised and the possible susceptible groups; that is the group of people with high-value data content (Social Security, financial information, etc.)

Also, evaluate the credibility and accessibility of the data. Are there critical systems, that have been put offline or otherwise compromised due to the attack? Is the data still being constantly leaked, or are threats being managed and controlled c