How to Avoid the Costly Headaches of a Data Breach

Email     |     Share  
1 | 2 | 3 | 4 | 5 | 6 | 7
Next How to Avoid the Costly Headaches of a Data Breach-6 Next

Monitor your team's activity

Monitoring employee behavior and account usage can help organizations detect a suspicious pattern that stops an insider threat before it occurs. However, this strategy is usually ignored due to a lack of intelligent execution just shy of placing surveillance cameras on IT employee desks. Instead, organizations should utilize best practices around keylogging, auditing and live monitoring of IT admin sessions to ensure that a detailed audit of each user's activity is readily available, which can be used to identify suspicious activity before a breach occurs, or to quickly identify the source of an attack that has already taken place.

In the wake of eBay's recent data breach, many consumers and security professionals have been extremely vocal in their protest of the company's response to the situation; some are calling it one of the worst corporate crisis responses they've ever seen. eBay's stock price in the days after the breach took a major hit, dipping to the lowest since December 2013. When considering the costs of a data breach, damage to company systems, loss of intellectual property, remediation and forensic costs are usually what come to mind. Some organizations also factor in the cost associated with reputation damage, which may harm revenue, as well as industry fines or possible prosecution. Thycotic, a provider of privileged account management solutions for global organizations, has compiled the following list of best practices for mitigating data breaches and avoiding the costly headaches associated with them.

Thycotic Software deploys smart, reliable, IT security solutions that empower companies to control and monitor privileged account credentials and identity access for administrators and end users. An Inc. 5000 company, Thycotic is recognized as the fastest growing privileged management vendor in IT security and one of the top 30 fastest growing companies headquartered in Washington, D.C.

 

Related Topics : Unisys, Stimulus Package, Security Breaches, Symantec, Electronic Surveillance

 
More Slideshows

IT security careers The Most In-Demand Security Jobs and How to Get Them

Security professionals are in demand right now, and entry-level security jobs generally fall into either an engineer or analyst role. Find out more about required skills and career paths. ...  More >>

142x105itbeusasecurity2.jpg 9 Predictions for Cybersecurity’s Role in Government and Politics in 2017

Experts predict how cybersecurity will affect and involve our government, policies and politics in 2017. ...  More >>

Shadow IT Security How Risky Behaviors Hurt Shadow IT Security

Examine some of the concerns involving shadow IT security and some of the riskiest behaviors, applications and devices. ...  More >>

Subscribe to our Newsletters

Sign up now and get the best business technology insights direct to your inbox.