Data breach: a term often feared by companies and organizations.
But what specifically means data breach?
The expression indicates an incident in the context of information security. Security in the sense of data integrity, confidentiality and availability. According to ISO / IEC 27040, a data breach is considered “a compromise of security that results in accidental or illegal destruction, loss, alteration, unauthorized disclosure or access to protected data transmitted, stored or otherwise processed”.
Data Breach and Information Security: Objective, benefits, risks
The purpose of ensuring the security of information (both generally and at this time of emergency Covid19 when smart working is almost mandatory) must already be present in the design, development and delivery of the service.
In this way it is possible to promote the best security of digitally stored data at the highest level.
The advantages of this process are many: it allows the company to ensure its business continuity, becoming reliable towards both its employees, customers and suppliers. But what are the risks of not relying on planning and instrumentation to prevent a data breach?
The almost forced digitalization and implementation of intelligent work without proper planning or instrumentation can leave the door open to multiple information security risks for your company.
Passwords fraud, online scams or hacker attacks are becoming even more common. This can result in the undesirable leakage of business-critical information, which can lead to large financial losses.
How to identify and reduce risks
It is very important to adopt new management models in terms of information security.
What determines the control and security of information?
The control and security of information starts from a correct assessment of the risks of the IT assets and the potential risks they are associated with.
The implementation of a training plan is essential to the success of any measure.
How should each risk be evaluated? Each risk must be evaluated according to its probability of occurrence and the real impact it may cause in the normal development of the company. Furthermore, once the risks that need to be addressed have been identified, the company must implement appropriate measures to reduce their potential impact.
Different levels of risk
What are the different levels of risk? To what are the risks most closely associated?
There are risks that are more related to technical factors and others that are more likely associated with human factors.
What is the difference between the two levels of risk?
At a technical level, some key elements to avoid a data breach are: password policy, security systems for network management (firewall, VPN), communication encryption (internal and external), anti-malware and ransomware software. On a human level, in order to avoid the loss of information caused by employees, collaborators or suppliers, it is important to control access to IT assets by company staff and partners through appropriate policies, procedures and the signing of Non disclosure Agreements (NdA).
What to do in case of data breach
In the case of a data breach, whether in terms of its availability, confidentiality or integrity, the company shall automatically apply mitigation measures to prevent it from continuing. Once contained, it must assess the damage caused, analyse the causes and then apply appropriate corrective actions.
When the data breach concerns personal information or data, what the GDPR indicates?
The Data Breach and the European Regulation – GDPR
The data breach is a well-argued risk factor in the area of privacy protection under the General Data Protection Regulations (GDPR).
According to the GDPR, a series of specific requirements have to be addressed. Therefore, as we have seen before, the policies provided by the GDPR on data breach (included in Art. 33-34 of the GDPR) establish that the data controller is required to notify the Guarantor about the data breach within 72 hours of the detection of the incident.
The importance of planning the process digitalization and smart working to reduce risks
Among the many advantages of digital transformation for companies are the greater agility and increasing innovation, qualities that are essential today to survive in a highly competitive world. Read more in our article on digital transformation.
The main mistakes of the companies (which lead to the data breach), basically consist in underestimating the extent of the problem and the actual opportunity to comply.
The most common patterns of thought are, for example:
” IT security is very complex;”
“cyber attacks are very sophisticated and I can’t avoid them;”
“my company is not a potential target for an attack;”
“IT security is only for the IT area”.
Find out what we do and ask for more information
Thanks to moltosenso, companies are able to intelligently accelerate the process to ensure the security of information.
moltosenso offers GDPR adjustment as one of its services.
Contact us to learn more or to simply get more information.
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