In our experience helping insureds through thousands of breaches, we have seen that organizations who have a thoughtful, effective incident response plan (IRP) are able to respond more quickly and more effective than those without one. And for organizations in healthcare or financial services, having a plan may be required by law.
If you don't yet have an IRP, or if you'd like to learn more about what makes for an effective plan, see these resources:
The old adage “If you fail to plan, you are planning to fail” rings true across many areas; information security and data breach response are no exceptions. Information is a valuable asset of every business, and when the security of that information is breached, organizations face a minefield of potential liability and reputational damage.
In today's interconnected world, every organization suffers cybersecurity incident of one kind or another. Your team's ability to respond efficiently and effectively to incidents may be the difference between success and serious financial loss or reputational damage for your organization
Beazley, in partnership with Navigant, a leader in complex data management and forensics analysis, developed this Information Security Incident Response Guide aimed at providing a roadmap for companies to prepare for and manage the aftermath of a data security breach. The guide addresses the increasing need for effective risk management on the part of companies hoping to limit the damage caused by a data breach.
We provide template plans for a variety of types of organizations. For organizations that don't fall within one of the categories, we recommend that you start with the retail or small business sample IRP, depending on the size of your organization:
This is a template document. Consult with legal counsel prior to implementing.
This is a template document. Consult with legal counsel prior to implementing.
This is a template document. Consult with legal counsel prior to implementing.
This is a template document. Consult with legal counsel prior to implementing.
This is a template document. Consult with legal counsel prior to implementing.
This is a template document. Consult with legal counsel prior to implementing.
Once you have developed your IRP, you can test and refine it by conducting a tabletop exercise that simulates a data incident.