Data breaches occur whenever the personal identity information of consumers is exposed. According to the Ponemon Institute, the average loss of a data breach was $6.65 million, but this does not count the lost customers or the damage to your organization’s reputation.
This simple statement sums up how consumers feel about organizations that are involved in data breaches. Consumers hold organizations to a high standard when it comes to their personal information and there how you respond to a data breach strongly impacts your organization's image:
As the breached organization, you likely feel like a victim also. Unfortunately, consumers regard you as the source of the problem and expect you to do something to protect them. Take proactive steps and you can preserve your reputation as well as you trusted relationship with consumers.
RelyData will work with you to customize a response plan to suit your needs and your budget. Our Breach Guard solution incorporates our industry-leading Control Your ID identity protection solution along with other valuable services specific to your data breach response needs including:
All Breach Guard solutions include Control Your ID identity protection solutions. While credit bureaus and other organizations sell credit monitoring that does nothing to prevent identity theft – only notifying consumers if identity theft shows up on their credit report – Control Your ID provides the most comprehensive protection available. Your Breach Guard solution can include:
Click here to learn more about Control Your ID.
The cost of a poor response to your data breach can be enormous in money and your reputation. The cost of a Breach Guard response is affordable and effective. We have the experience to help.