Slashdot Asks: Does Your Company Have A Breach Response Team? (helpnetsecurity.com)

This week HelpNetSecurity reported on a study that found that "the average data breach cost has grown to $4 million, representing a 29 percent increase since 2013.. 'The amount of time, effort and costs that companies face in the wake of a data breach can be devastating, and unfortunately most companies still don't have a plan in place to deal with this process efficiently," said Caleb Barlow, Vice President, of IBM Security."

But the most stunning part of the study was that each compromised record costs a company $158 (on average), and up to $355 per record in more highly-regulated industries like healthcare, according to the study -- $100 more than in 2013. And yet it also found that having an "incident response team" greatly reduces the cost of a data breach. So I'd be curious how many Slashdot readers work for a company that actually has a team in place to handle data breaches. Leave your answers in the comments. Does your company have an incident response team ?

Comments

Naw

[Anonymous Coward]

My company has a breach denial team.

Nah

[Greyfox]

They've come up with a much better solution. Their security is just so bad that they never notice that they've been hacked. They seem to think that if they're completely inept, the hackers will feel bad for them and fix some things before they log out.