Data Breach Preparedness

By Jurick, Jeff | Independent Banker, February 2009 | Go to article overview

Data Breach Preparedness


Jurick, Jeff, Independent Banker


The number of data breaches is rising in the financial sector. According to the Identity Theft Resource Center (ITRC), during the first six months of 2008, the 342 data breaches during the period amounted to a 69 percent increase over the same period in 2007.

In view of the statistics and despite their sophisticated encryption, security management software and employee screening practices, community banks need to continue to adopt "best practices" to address data breaches. At the top of the "best practices" list is data breach incident response training. Knowing who and what is involved in responding to a data breach is vital.

To be effective, a bank's incident response training should involve employees from key departments in the bank. In addition, the team should include one individual designated as the incident response manager, as well as certain external resources. Possible response team members to consider include an incident response manager, information technology/data center manager, information security/privacy officer, risk/compliance officer, legal/corporate counsel, chief financial officer, chief marketing officer, third-party data forensics professional, data breach communications/management professional and select third-party vendors.

Each team member's responsibilities should be delineated and documented in a "Response Planning Workbook" with asso-ciated time frames in the event a breach occurs. Also included in the workbook should be incident response forms and templates, reference materials covering privacy legislation, industry standards and a list of helpful links. The workbook is part of a larger data breach response plan that also includes the steps that would be taken in the event a breach occurs. …

The rest of this article is only available to active members of Questia

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items

Items saved from this article

This article has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this article

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited article

Data Breach Preparedness
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.