CYBER DATA BREACH NOTIFICATION: MITIGATION AND RESPONSE

Home / CYBER DATA BREACH

CYBER DATA BREACH NOTIFICATION: MITIGATION AND RESPONSE

Kona AI for SAP, Concur and Success Factors for Employee 360°, Ariba and P2P for Vendor 360°, O2C for Customer 360°, FI for General Ledger 360°, MM for Inventory 360°. For our clients who use SAP, Kona AI has been built and is on its way to SAP app certification. We have done all of the development and customization to SAP’s specifications, so you don’t need to. Kona AI is plug & play with all of your favorite SAP solutions!

HOW DID THIS HAPPEN?

Data breaches can happen for a multitude of reasons. Luke Irwin of the website It Governance.eu wrote in a 2020 blog that the top 3 most common ways that data breaches occur are:

  1. Criminal Hacking (45%) – Unsurprisingly, criminal hacking is at the top of the list. Hackers come in many forms and are not always expert computer coders. In fact, Verizon discovered that the most common hacking technique involved using stolen credentials. Criminals with zero technical knowledge can access an employee’s credentials by purchasing them on the dark web, finding them written down, cracking them using a password-generating machine or just guessing them.
  2. Human Error (22%) – “Breaches don’t have to be caused by someone acting maliciously. Verizon found that more than one in five incidents was the result of a mistake made by an employee” (Irwin, 2020).
  3. Social Engineering (22%) – These include things like phishing and pretexting, in which crooks contact their targets under false pretenses to gain their information.
    It is important to remember that these things may not happen due to the company’s negligence. The truth of the matter is that even with the best cybersecurity programs and defenses in place, there are still cracks in the armor waiting to be found.

WHAT WE CAN DO FOR YOU.

When a breach occurs, the company or law firm must quickly assess what data is compromised, and that’s where we come in. Our cyber data breach notification service identifies all stolen PII, PHI, PFI, FERPA, and NPII data and who has explicitly been affected in the breach. We are certified by FedRAMP, the standard security assessment and authorization for cloud products and services used by U.S. federal agencies, EU – U.S. Privacy Shield Framework, ITAR compliant, GDPR, SSAE 16, and other prominent certifications. DCube offers a 24/7 suite of services backed by a crack team of data security experts and attorneys ready for you at a moment’s notice. Despite that, we are still human, so we utilize the latest advances in machine learning and artificial intelligence to mitigate human error. These elements come together to deliver more accurate results than any of our competitors, twice as fast and with a 60% cost reduction.

YOUR LEGAL OBLIGATION.

When a cyber data breach occurs, there are legal obligations that every company within the United States is bound to. All U.S. Federal and State legal requirements for data breach response are included in our article HERE. The consequences for not doing following these laws can be dire for an entire company or an individual employee, as shown in the recent Uber breach case. Uber paid out $100,000 to the fraudsters and tried to keep the breach a secret. Behavior like this cost the company 148 million dollar settlement and their CSO. In fact, even a slow response to the breach and notifying affected customers can result in fines from multiple federal entities, loss of customer trust, time lost to the breach instead of business operations, and more.
 

WHAT WE CAN DO FOR YOU.

When a breach occurs, the company or law firm must quickly assess what data is compromised, and that’s where we come in. Our cyber data breach notification service identifies all stolen PII, PHI, PFI, FERPA, and NPII data and who has explicitly been affected in the breach. We are certified by FedRAMP, the standard security assessment and authorization for cloud products and services used by U.S. federal agencies, EU – U.S. Privacy Shield Framework, ITAR compliant, GDPR, SSAE 16, and other prominent certifications. DCube offers a 24/7 suite of services backed by a crack team of data security experts and attorneys ready for you at a moment’s notice. Despite that, we are still human, so we utilize the latest advances in machine learning and artificial intelligence to mitigate human error. These elements come together to deliver more accurate results than any of our competitors, twice as fast and with a 60% cost reduction.
 
 

CITATIONS

Eaton, B. (2017, January 13). OCR penalizes slow data breach response. Taft Irwin, L. (2020, July 7). The 6 most common ways data breaches occur. IT Governance Blog En. Retrieved January 21,2022, from

https://www.privacyanddatasecuriyinsight.com/2017/1/ocr-enalizes-slow-data-breach-response

  1. Irwin, L. (2020, July 7). The 6 most common ways data breaches occur. IT Governance Blog En. Retrieved January 21,2022, fromhttps://www.itgovernance.eu/blog/en/the-6-most-common-ways-data-breaches-occur
  2. Wolff, J. (2020, August 26). Uber’s former security chief has been charged with allegedly covering up a data breach. good. Slate Magazine. Retrieved January 21, 2022, from
    https://slate.com/technology/2020/08/uber-joseph-sullivan-charged-data-breach.html

KonaAI is the leading, AI-driven solution for anti-corruption, risk and compliance professionals.

Quick Links

Solutions

Get in Touch

Twitter Linkedin-in

Kona AI Teams in

Texas
California
New York
Washington, D.C.
India
Brazil
Europe

© 2023 Copyright Kona AI Corp, All Rights Reserved.
Kona AI products are designed for use with SAP® R/3® & Oracle.