{"id":2897,"date":"2018-06-05T10:10:41","date_gmt":"2018-06-05T14:10:41","guid":{"rendered":"https:\/\/solutionsreview.com\/identity-management\/?p=2897"},"modified":"2018-06-05T10:10:41","modified_gmt":"2018-06-05T14:10:41","slug":"numbers-preparing-for-a-data-breach","status":"publish","type":"post","link":"https:\/\/solutionsreview.com\/identity-management\/numbers-preparing-for-a-data-breach\/","title":{"rendered":"By the Numbers: Preparing for a Data Breach"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-2227\" src=\"https:\/\/solutionsreview.com\/identity-management\/files\/2018\/01\/digital-binario-mod.jpg\" alt=\"preparing for a data breach\" width=\"800\" height=\"400\" srcset=\"https:\/\/solutionsreview.com\/identity-management\/files\/2018\/01\/digital-binario-mod.jpg 800w, https:\/\/solutionsreview.com\/identity-management\/files\/2018\/01\/digital-binario-mod-300x150.jpg 300w, https:\/\/solutionsreview.com\/identity-management\/files\/2018\/01\/digital-binario-mod-768x384.jpg 768w, https:\/\/solutionsreview.com\/identity-management\/files\/2018\/01\/digital-binario-mod-540x270.jpg 540w, https:\/\/solutionsreview.com\/identity-management\/files\/2018\/01\/digital-binario-mod-162x81.jpg 162w, https:\/\/solutionsreview.com\/identity-management\/files\/2018\/01\/digital-binario-mod-360x180.jpg 360w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Among the myriad responsibilities of the average enterprise IT security team\u2014monitoring user access, revoking rogue permissions, threat hunting, security data analytics, etc.\u2014preparing for a data breach is certainly one of the most prominent.<\/span><\/p>\n<div class=\"widget\"><div class=\"aside-card\">\t\t\t<div class=\"textwidget\"><p><a class=\"iam-inject\" href=\"https:\/\/solutionsreview.com\/identity-management\/identity-governance-and-administration-buyers-guide\/\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-1682\" title=\"Identity Governance and Administration Buyer's Guide\" src=\"https:\/\/solutionsreview.com\/identity-management\/files\/2019\/01\/identity-governance-administration-speedbump-cta.jpg\" alt=\"Download Link to Identity Governance and Administration Buyer's Guide\" width=\"800\" height=\"225\" \/><\/a><\/p>\n<\/div>\n\t\t<\/div><\/div>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">It\u2019s no surprise. A data breach is not just a technical issue that could disrupt your business processes. A data breach is a digital wound that jeopardizes financial, proprietary, and personal data, creating long-term chaos. It\u2019s also a publicity nightmare, as it can hurt your clients\u2019 or customers\u2019 trust in your enterprise in both the short and long term. \u00a0\u00a0<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">In preparing for a data breach, your enterprise needs to recognize just how severe and persistent a threat data breaches can be&#8230;and how vulnerable you are to these digital threats. Your enterprise needs to remember perhaps above all that preparing for a data breach is a marathon, not a sprint. <\/span><\/p>\n<h3 style=\"text-align: justify\"><b>Why Preparing for a Data Breach is Essential<\/b><\/h3>\n<p style=\"text-align: justify\"><b>44%<\/b><span style=\"font-weight: 400\"> of enterprises have suffered at least one data breach in the past year, according to a survey by <a href=\"https:\/\/solutionsreview.com\/identity-management\/how-to-get-the-most-from-your-iga-solution\/\" target=\"_blank\" rel=\"noopener\">identity governance<\/a> and administration solution provider <\/span><a href=\"https:\/\/www.businesswire.com\/news\/home\/20180605005487\/en\/SailPoint-Survey-44-Percent-Organisations-Suffered-Data\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">Sailpoint<\/span><\/a><span style=\"font-weight: 400\">. <\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Of those enterprises reporting a data breach, they each experienced an average of approximately <\/span><b>30<\/b><span style=\"font-weight: 400\"> data breaches in the past year. <\/span><\/p>\n<p style=\"text-align: justify\"><b>9%<\/b><span style=\"font-weight: 400\">\u2014nearly one in ten\u2014IT leaders responding to the survey could not confidently state whether their enterprise had suffered a data breach. <\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">The average cost of fixing a data breach was nearly <\/span><b>$1 million<\/b><span style=\"font-weight: 400\">, which does not include lost revenue, brand damage, and legal fines. \u00a0\u00a0\u00a0<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">This highlights one of the most important considerations in preparing for a data breach: without the right tools at your disposal, a threat could completely slip under your IT security team\u2019s radar. Attacker dwell time could be in the months, especially if an attacker gets ahold of privileged credentials or if users\u2019 inappropriate access is allowed to go unchecked.<\/span><\/p>\n<h3 style=\"text-align: justify\"><b>Preparing for a Data Breach on the Cloud<\/b><\/h3>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\"><a href=\"https:\/\/solutionsreview.com\/identity-management\/reflection-2018-gartner-magic-quadrant-identity-governance\/\" target=\"_blank\" rel=\"noopener\">Identity governance<\/a> on the <a href=\"https:\/\/solutionsreview.com\/identity-management\/cloud-identity-management-differ\/\" target=\"_blank\" rel=\"noopener\">cloud<\/a>, and identity and access management in general on the cloud, is one of the most challenging cybersecurity concerns of the current digital era. With more enterprises undergoing digital transformations or implementing hybrid IT environments, enterprises need to examine the identity and security challenges that come with these innovations: \u00a0\u00a0<\/span><\/p>\n<p style=\"text-align: justify\"><b>98%<\/b><span style=\"font-weight: 400\"> of European companies face organizational challenges implementing security in cloud environments, according to a survey by SIEM solution provider <\/span><a href=\"https:\/\/www.sumologic.com\/resource\/report\/cloud-security-trends-2018\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">Sumo Logic<\/span><\/a><span style=\"font-weight: 400\">. <\/span><\/p>\n<p style=\"text-align: justify\"><b>63%<\/b><span style=\"font-weight: 400\"> of enterprise respondents say the cloud requires broader technical expertise to understand threats <\/span><\/p>\n<p style=\"text-align: justify\"><b>51%<\/b><span style=\"font-weight: 400\"> said staff overload is a challenge for security in their cloud environment. <\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">In a statement, Sailpoint\u2019s Chief Product Officer Paul Trulove said \u201cIT leaders face an uphill battle. Hackers are increasingly more sophisticated and more organized, and governments are adding new layers of complexity with regulations like GDPR.\u201d <\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">\u201cYesterday\u2019s security strategies are simply not sufficient to address these security and compliance requirements. Implementing a comprehensive <a href=\"https:\/\/solutionsreview.com\/identity-management\/2018-gartner-iga-magic-quadrant-whats-visionary\/\" target=\"_blank\" rel=\"noopener\">identity governance<\/a> program helps organizations answer the<a href=\"https:\/\/solutionsreview.com\/identity-management\/whats-changed-gartners-2018-magic-quadrant-identity-governance-administration-iga\/\" target=\"_blank\" rel=\"noopener\"> critical questions<\/a> of who has access to what, who should have access to what, and how is that access being used, providing the much-needed visibility into today\u2019s hybrid, constantly evolving IT environment.\u201d <\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">So in preparing for a data breach, remember the golden rule: this is serious. There is no easy answer. But with the right tools, you can avoid being one of these statistics: all of the most dedicated credential-stealing hackers will be turned away by the mere sight of an <a href=\"https:\/\/solutionsreview.com\/identity-management\/comparing-the-top-identity-and-access-management-solutions\/\" target=\"_blank\" rel=\"noopener\">IAM<\/a> or IGA solution on your IT environment.<\/span><\/p>\n<br \/>Widget not in any sidebars<br \/>\n","protected":false},"excerpt":{"rendered":"<p>Among the myriad responsibilities of the average enterprise IT security team\u2014monitoring user access, revoking rogue permissions, threat hunting, security data analytics, etc.\u2014preparing for a data breach is certainly one of the most prominent. It\u2019s no surprise. A data breach is not just a technical issue that could disrupt your business processes. A data breach is [&hellip;]<\/p>\n","protected":false},"author":41,"featured_media":2227,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[5],"tags":[43,16,112,76,286,188,36,476],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>By the Numbers: Preparing for a Data Breach with IAM<\/title>\n<meta name=\"description\" content=\"In preparing for a data breach, your enterprise needs to recognize just how severe and persistent a threat data breaches can be...and how vulnerable you are\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/solutionsreview.com\/identity-management\/numbers-preparing-for-a-data-breach\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ben Canner\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/solutionsreview.com\/identity-management\/numbers-preparing-for-a-data-breach\/\",\"url\":\"https:\/\/solutionsreview.com\/identity-management\/numbers-preparing-for-a-data-breach\/\",\"name\":\"By the Numbers: Preparing for a Data Breach with IAM\",\"isPartOf\":{\"@id\":\"https:\/\/solutionsreview.com\/identity-management\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/solutionsreview.com\/identity-management\/numbers-preparing-for-a-data-breach\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/solutionsreview.com\/identity-management\/numbers-preparing-for-a-data-breach\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/solutionsreview.com\/identity-management\/files\/2018\/01\/digital-binario-mod.jpg\",\"datePublished\":\"2018-06-05T14:10:41+00:00\",\"dateModified\":\"2018-06-05T14:10:41+00:00\",\"author\":{\"@id\":\"https:\/\/solutionsreview.com\/identity-management\/#\/schema\/person\/357f925262827fcf840b4341920a1541\"},\"description\":\"In preparing for a data breach, your enterprise needs to recognize just how severe and persistent a threat data breaches can be...and how vulnerable you are\",\"breadcrumb\":{\"@id\":\"https:\/\/solutionsreview.com\/identity-management\/numbers-preparing-for-a-data-breach\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/solutionsreview.com\/identity-management\/numbers-preparing-for-a-data-breach\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/solutionsreview.com\/identity-management\/numbers-preparing-for-a-data-breach\/#primaryimage\",\"url\":\"https:\/\/solutionsreview.com\/identity-management\/files\/2018\/01\/digital-binario-mod.jpg\",\"contentUrl\":\"https:\/\/solutionsreview.com\/identity-management\/files\/2018\/01\/digital-binario-mod.jpg\",\"width\":800,\"height\":400,\"caption\":\"The Suprema Breach: How Biometric Data Becomes Vulnerable\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/solutionsreview.com\/identity-management\/numbers-preparing-for-a-data-breach\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/solutionsreview.com\/identity-management\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"By the Numbers: Preparing for a Data Breach\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/solutionsreview.com\/identity-management\/#website\",\"url\":\"https:\/\/solutionsreview.com\/identity-management\/\",\"name\":\"Best Identity Access Management (IAM) Software, Tools, Vendors, Solutions, &amp; 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