If your business data is ever compromised, you have to act quickly and take the right steps to minimize the damage. Data loss insurance options are helpful, but there are a number of other actions that will help you to get the breach under control.
Immediately Tell Your Customers
This is critical because there are things they might need to do to protect themselves. How quickly you need to do this depends on your state laws, but it is important that you not wait. You can have your customers called so that they get the information fast. However, you should also provide a written notification concerning the breach.
Have the Hack Investigated
It is important that you know how the hackers got in so that you can make the proper security enhancements. Have professionals conduct this, so that you can be sure that it is done right.
Contact the Authorities if Necessary
Make sure you are aware of what your state laws require. There are times when a business data breach must be reported to the authorities in order to be in compliance with the law.
You can see that the right actions and a type of data loss insurance can help to reduce the consequences of the breach. Once you get everything under control, it is important that you evaluate your security to see where improvements can be made.