CompliancePoint has released a white paper focused on avoiding data breaches and costly fines associated. Click here to download the whitepaper.
The average cost of a data breach in 2018 was estimated at $3.62 million, and reported breaches have increased each year at an alarming pace. It’s imperative that organizations develop, implement and maintain the right security awareness program utilizing methods such as sound password management, portable media, and adhere to management protocols.
Setting the Right Password Plan
In 2017, 80% of hacking-related breaches leveraged either stolen or weak/guessable passwords. Creating strong password policy is key to the safeguard critical systems. Implementing a password plan helps businesses avoid vulnerability to hackers.
The white paper addresses how to create and implement a password protection plan, hacking vulnerabilities, multi-factor authentication, layered security and protection of resources.
Securing Portable Media & Files
Portable media, such as DVDs, CDs and USB “flash drives,” are more susceptible to loss or theft. This can also include smartphones, MP3 players and other personal electronic devices with a hard drive that ‘syncs’ with a computer.
A solid Acceptable-Use & Portable Media Policy are paramount in protecting sensitive data from being lost or stolen. According to the United States Computer Emergency Readiness Team (US-CERT), portable devices, due to their inherent characteristics, are prone to losses of physical control and network security breaches.
Security Awareness Planning
One in fourteen users were tricked into following a link or opening an attachment in 2017. Where phishing successfully opened the door, malware was then typically installed to capture and export data or take control of systems.
“Preparing your organization and setting security protocols is key to avoiding risk,”said Greg Sparrow, Vice President and General Manager at CompliancePoint. “ When employees implement security measures and make data protection as one of their top priorities, it becomes routine to prevent mistakes that lead to compromised systems.”
To view CompliancePoint’s new white paper: How To Prepare Your Organization With A Security Awareness Program: Implementing Sound Password Management; Portable Media & Security Management Protocols, click here.