Kroll in the News

Beating Back the Breach

Nasvhille, TN - June 01, 2011

Many businesses have heard the message and have taken steps to beef up their policies and procedures to prevent a breach.

But many are not as prepared as they think when it comes to having a plan of action, if in spite of their best efforts, a breach does occur.

Although data security has been a problem for some time, not enough businesses have developed a response plan and they remain vulnerable.

Verizon's Data Breach Investigations Report for 2010, released in April, showed that small companies are increasingly at risk. A Verizon expert told CNET that the bad guys are exploiting people who haven't taken basic security considerations into account in the operation of their business.

Meanwhile, big breaches are still happening. A major incident made headlines in early April after a hacker gained entry into online marketer Epsilon's email system, stealing the names and emails of customers of a number of large corporate clients.

Data breaches are unpredictable and potentially costly. As with other kinds of disasters, companies should hope for the best and prepare for the worst.

Part of that preparation includes an incident response team made up of people who are trained and ready to handle an event if it happens, said Brian Lapidus, chief operating officer of fraud solutions for Kroll.

Read the full article, by Patricia Vowinkel, at riskandinsurance.com.