Data Breach is one of the worst nightmares that organizations are facing these days. Breaches can be a very costly event, especially if the Data Breach incidents are of a larger scale, affecting millions of customers. It said that on average breach can cost an organization $4 million, or approximately $200 per record breached especially when considering the lost business reputation, fines, and litigation costs, lost shareholder value, etc.
With this, it is clear that breaches can affect an organization regardless of the size or perceived security measures established. While businesses are taking all the necessary measures to prevent a security breach incident, it is now a known fact that even the most secure organization is not 100% immune to Data Breaches. The growing number of high-profile cyber-attacks involving leading financial institutions has only proven that just focusing on preventive measures is not enough. Organizations should also prepare for Disaster Recovery & Incident Response Management. A business’s response to a data breach incident is crucial and makes all the difference.
Matter of fact, how organizations effectively detect, investigate and notify affected parties largely affect the quantum penalties and legal action. It is a key action area under standards such as PCI DSS, GDPR, and HIPAA.
Covering all about it in detail, VISTA InfoSec conducted a live webinar on “Best practices in Breach Identification, Investigation and Notification”. The webinar was a live and interactive panel discussion with some of the most eminent industry stalwarts sharing their views, experience, and tips for dealing with incidents of Data Breach.
Mr. Narendra Sahoo, Founder and Director of VISTA InfoSec (PCI QSA, PCI QPA, CISSP, CISA, CRISC), Brijesh Singh (Inspector General of Police), Ritesh Bhatia Founder and Director – Cybercrime Investigations and Cybersecurity of V4WEB CYBERSECURITY, and Vaishali Bhagwat, Practicing Lawyer in Civil and Cyber Security as they cover areas such as:
- What Constitutes a Breach?
- How to Respond to an Unexpected Data Breach?
- Explaining the Importance of Incident Response Management
- Useful Tips on Data Breach & Notification
- Insight on Data Breach Incidents & Digital Forensic Investigation
- Best Practices to follow in Data Breach Incidents
Mr. Bhatia is a well-known Cybercrime Investigator and Data Privacy Consultant with experience spanning 20 years in cyberspace. He is a two-time TEDx speaker and a Certified Fraud Examiner from ACFE, USA, and is popularly known for his cybercrime Investigations. He has been successful in solving many cases for large corporates, organizations, law enforcement agencies, celebrities, and individuals in India as well as abroad. His views on trending cybercrimes and cybersecurity have been published by many national publications. He frequently educates citizens of the latest in cybercrime on radios, national and international television channels.
Brijesh Singh, Inspector General of Police-Training, Govt. Of Maharashtra–
Mr. Singh heads the cybersecurity department of Maharashtra State. He is an elite Indian Police Service officer with a prior stint as special inspector general of police with the CID. He successfully implemented Crime Criminal Tracking and Networking Systems (CCTNS) project in Maharashtra State. Due to his efforts, Maharashtra implemented path-breaking IT schemes like online first information reports (FIRs), advanced forensics, and digitization of the state’s crime records. Singh is also the designated Special Inspector General of Police – Women Atrocity Prevention, a special authority created by the Maharashtra government.
Vaishali Bhagwat is amongst the first technology lawyers in the country having prior qualification and working experience in the field of Computer Science, Cyber Defense, and Information Assurance. She is a Practicing lawyer with a Degree in Computer Science and Law from the Pune University and a Post Graduate Certification in Cyber Security and Information Assurance from Cranfield University (UK). Vaishali Bhagwat holds a glorious 20+ years of experience in civil and cyber law. Her expansive portfolio of legal work includes litigation support, litigation and non-litigation, and advisory practices in the Civil Courts, District Courts, Bombay High Court, and Tribunals such as the NCLT, DRT, TDSAT, and Adjudicating Officer (Cyber). Her work mainly focuses on violence against women and children in Cyberspace. In the non-litigation and advisory practice, Vaishali is also a legal advisor/retainer to several MSMEs and Corporates in Manufacturing, Banking, Fintech, Media & Entertainment, Healthcare, IT & ITES, and the Education Sector and Individuals or proprietary firms.
To view our past webinars and other videos on PCI DSS, SOC2, PCI PIN, GDPR, HIPAA, ethical hacking with OWASP Top 10, etc, click on: