When it comes to data breaches size doesn’t matter

When it comes to cyber-attacks size does not matter.  Over the last few months San Francisco-based organizations as large as Facebook, Instagram, which is owned by Facebook or as small at the Institute of Aging have been breached.  A recent story in the San Francisco Business Times notes that this year, 10 Northern California businesses had attacks.  

“We work hard to provide the Instagram community with a safe and secure experience,” an Instagram spokesperson said. 

According to the 2018 Ponemon Institute Report, the average total cost of a data breach is $3.86 million, representing a 6.4 percent jump from last year. Data breaches cost the most in the U.S. and the Middle East.  

Organizations large and small have been and continue to be targets.  Cyber criminals remain on the prowl causing financial and reputational damage.  Organizations are forced to allocate employee time to notify customers and determine the cause of the attack. 

Lessening the risk 

To help organizations implement cybersecurity safety, IT Governance USA is now providing Bay area residents its GDPR Foundation class, February 4, 2019, 9:00 a.m. – 5:00 p.m. PST, at San Francisco’s Microtek. The course will give them a comprehensive introduction to the EU GDPR and a practical understanding of the implications and legal requirements for U.S. organizations in this one-day introductory training course.  The GDPR applies to any organization processing and storing EU residents’ personal data, irrespective of the organization’s location or where the data is processed.  

In some cases, the GDPR compliance steps will supplement existing measures that many North American organizations adopt as a matter of good practice or to comply with sector or state privacy laws, e.g. the Health Insurance Portability and Accountability Act (HIPAA). 

The benefits of complying with the Regulation include. 

  • The business benefits of the GDPR 
  • Build customer trust 
  • Improve brand image and reputation 
  • Improve data governance 
  • Improve information security 
  • Gain competitive advantages 

Register here. The registration site also allows people to register for courses in Boston, Los Angeles and New York.

Get #BreachReady 

You can discover how to prepare for a data breach by visiting our #BreachReady page. We break the process down into six simple steps and recommend tools and services you can use to complete each task.