A List is shown that indicate the factors that increased or decreased the per capita cost of data breach. As shown, an incident response team, extensive use of encryption, employee training, participation in threat sharing or business continuity management decreased the per capita cost of data breach.
Factors that influence the cost of data breach
The Belden Incident Response Team
The mission of the Belden incident response program is to maintain a four phase incident response capability to minimize threat of damage resulting from intrusions to the Belden enterprise IT environment.
The Belden incident response program is charged with mitigating the risks from computer security incidents by providing practical guidelines on identifying and responding to incidents effectively and efficiently.
To support the IR program and it’s maturity by providing budget for IR initiatives
To understand the IR process and escalation in relation to loss of revenue / loss of customer confidence
Incident Response Team
Extensive use of encryption
Participation in Threat Sharing
Lost or stolen devices
Extensive cloud migration
Third party involvement
$158 is the average cost per lost or stolen record
Incident Reponse Process
Detection & Analysis
Containment Eradication & Recovery
Your role regarding the Belden's Incident Reponse
To support the IR program and it’s maturity by providing C-level leadership backing
A link to the IR SharePoint documents
A link to the IR video documents