For every organisation, regardless of its size or industry sector, it’s business and operations are top priority. Data breach incidents and cyber attacks at best can provide a slight distraction, however at worst they can cease the operations of an organisation.
Implementing an effective and robust incident response plan is essential to lessen the impact of incidents to your organisation when they occur. Also, since the GDPR was introduced it has become necessary to:
- Inform the appropriate regulatory authorities of breaches to personal data within 72 hours of becoming aware of the breach
- Prove to the regulatory authorities that you have done all you could to mitigate the risk
In light of regulatory changes and increasing threat of incidents, it has never been more important to have durable incident response plans and procedures. An effective incident response plan will help protect you against reputational damage, financial loss and regulatory fines.