The majority of organizations are concerned about the consequences of a large data breach, but just 45 percent believe they have the resources to detect all breaches, according to the "Mitigating the Inevitable: How Organizations Manage Data Breach Exposures" report from id experts and Advisen.
While cybersecurity strategy is essential to preventing data breaches, healthcare organizations are still likely to suffer a breach at some point. It is important to have a breach response plan in place to mitigate the consequences of the incident.
Here are three strategies for minimizing the effects of a data breach.
1. Cyberinsurance. Cyberinsurance can help minimize the financial burden of a large scale breach.
2. Outside legal council or internal resources. Small data breaches that fall below a cyberinsurance policy's deductible can be handled by outside legal counsel or internal resources.
3. Vendor services. There are number of vendor services designed to help healthcare organizations handle the fallout of a breach. The top services used by the report's respondents include:
• Forensics: 70 percent
• Credit monitoring: 65 percent
• Pre-breach services: 62 percent
• Call center: 50 percent
• Mailing: 39 percent