Why Your Business Needs Incident Response Plans

By Author: Gant Redmon
Total Articles: 4
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Incident response plans for enterprises have become a necessity due to the activities of criminals. There have always been attempts by criminals to obtain personal information over the Internet through unscrupulous means.

Incident response plans for enterprises have become a necessity due to the activities of criminals. There have always been attempts by criminals to obtain personal information over the Internet through unscrupulous means. Through scamming, they do look specifically for credit card or bank information as well as for usernames and passwords. Companies should be concerned about such fraudulent attacks aimed at their customers. This is because in addition to these criminal activities being a threat to customers, they are also a threat to banks themselves. There is therefore a need for data loss management plans to guard against confidential information falling the wrong hands.

Even if the majority of institutions targeted for attacks by scammers are financial, any business that deals a lot with money and has a broad customer base should be on the look-out and make use of IT security breach measures. ...
... If customers use credit card information or any other financial details in your company to get either goods or services, you will need to be extra careful. The number of attacks aimed at credit card companies, banks, and individuals has been rising. This is partly because criminals target those organizations with no incident response plans and other security measures, which have always been lucrative targets.

Your organization needs to have data loss management systems in place to address the cases of scammers obtaining information fraudulently. Virtually no institution would be able to operate without a plan of action in case of a fire, and none would operate without anti-robbery alarms and other measures to inform people of emergencies. In the same manner, you should not imagine commencing operations without a response plan in case of incidents of IT security breach. In the absence of these measures a successful scamming or phishing attack would have the potential of turning catastrophic.

Such attacks are designed to happen in a flash. Incident response plans should be taken into consideration as scammers can have someone’s information within ten minutes of that information being entered into a website. After this, the scammers can use it to their own benefit. What the scammer does is to automate the withdrawal of funds or data without the individual knowing. If the organization or its employees do not know how to respond in such a situation, any time wasted before there is a remedy may have resulted in the disappearance of a lot of money. A data loss management plan can prevent such a scenario from happening.

If people became victims to scammers and other fraudulent games in your organization they will tell this to others who will not want to do business with you for fear of becoming victims themselves. IT security breach measures will in a way help you get positive reviews and customer referrals since the presence of updated security measures will cause you existing customers to share the same information with their friends and peers. For the sake of growing your business and staying afloat you need to do all you can to protect your customers through some reliable incident response plans.
Resource: http://www.co3sys.com/blog/author/Jennifer%20Troisi