Updated 3:07 AM CDT, Thu March 16, 2023
Published Under: Monthly Breach Deets
In today’s digital age, data security is a top priority for businesses of all sizes. With cyberattacks on the rise, it’s crucial to take necessary steps to protect your organization’s sensitive information and maintain customer trust. Data breaches can have serious repercussions for both the organization and its customers.
This month’s breach will highlight Zoll Medical and how they were endangered by a cyberattack in which the protected health information (PHI) was exposed. The Zoll Medical team had detected that unusual activity occurred within its internal network on January 28, 2023. The PHI included names, Social Security numbers, address and dates of birth. As stated by HIPAA Journal, the data breach led to over one million patients being in jeopardy while costing ZOLL Medical $12,410,750, according to eRiskHub.
Here’s Why Data Security is of the Utmost Importance:
- Protects Sensitive Information
Businesses collect and store sensitive information, such as personal identifiable information (PII), credit card information and financial information. Data security measures ensure that this information is protected and kept confidential. - Prevents Financial Loss
Data breaches can result in heavy financial losses for businesses, including the costs associated with investigating the breach, notifying affected customers and legal fees. - Maintains Customer Trust
A data breach can lead to a loss of customer trust, which can have a significant impact on the business. Customers expect their data to be kept safe, and failure to do so can lead to a loss of loyalty and trust.
Here are Some Essential Steps from Our IT Experts to Help You Protect Your Company from a Data Breach:
- Implement Data Security Measures
Use firewalls, antivirus software, and encryption to protect your data. Make sure that employees are aware of data security policies and that they follow them. - Conduct Regular Security Audits
Regularly reviewing and testing your security measures can help you identify vulnerabilities before they are exploited. - Train Employees on Data Security
Employees are often the weakest link in data security. Ensure that they are aware of the risks of data breaches and how to prevent them. - Have a Data Breach Response Plan
In case of a breach, have a plan in place for how to respond. This includes notifying affected customers, investigating the breach and taking steps to prevent a similar breach from occurring in the future.
VGM Forbin Can Help Keep Your Data Secure
By implementing these measures above, businesses can protect their sensitive data and maintain customer trust.
Let us know if you would like to schedule a free IT consultation with our experts. Contact us today.
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