Experts: Good data breach response grounded in preparation
If your firm hasn’t already suffered a data breach, it almost certainly will. Best be prepared.
While certain aspects of data breaches are out of your control, your firm’s response is not. Experts say the best way to address a breach is to map out your firm’s strategy in advance, memorialize it in documents, and follow your plan.
During a panel at Compliance Week’s virtual Cyber Risk & Data Privacy Summit on Thursday, two chief compliance officers and an attorney discussed preparation for the “when, not if” threat of a data breach.