Canada Dashboard Digest

Experts: CPO, Plans Needed To Avoid High-Cost Breaches

DATA LOSS

November 11, 2011

"Having a good plan in place can seriously reduce the costs resulting from the breach as, in these kinds of situations, the longer things run without being dealt with in the proper fashion, the more costly it can get." That's the message from one of the cyber-risk experts sharing insights on guarding against high-cost data breaches in a Financial Times feature. Given the ever-increasing amount of personal data that companies hold about their customers, the report highlights safeguards that apply across jurisdictions and borders, including having a breach response plan and a dedicated chief privacy officer in place. (Registration may be required to access this story.)    

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