27 Jan 2012

How to minimize data breaches and fallout

As cyber hackers grow more suave in ways to target and attack businesses, it becomes more important for businesses to use antivirus programs and internet security to shield themselves from data breaches. Mathew Schwartz writes on InformationWeek that businesses need to work on ways to minimize data breach fallout.

Ways that businesses can cut down on information security breaches include putting a good security program in place, enforcing strong passwords, gauging breach-notification speed carefully to be able to quickly squash them when they do arise, and expecting data to eventually be compromised.

"There is no silver bullet for security, so you need to plan for the eventuality of a data breach, and it's going to be critical how you respond to it afterwards - and not just with legal indemnifications and credit monitoring," said Lawrence Pingree, research director at Gartner, said in an interview with Schwartz. "Most companies are offering credit monitoring after these data breaches, but most of these only last a year or two - and who's to say the data will be gone in a year or two?"

Government Health IT said it is important to develop an incident response plan to make sure all in the company know how to respond when an internet security issue is spotted. Companies also need to review contracts and agreements with business associates, as they are a growing concern.