An incident response plan can lead to a better roadmap for securing cost-effective cyber liability insurance and, consequently, lower costs associated with a data breach.
The adoption of an incident response plan is a major indicator to underwriters that an organization is sophisticated and understands that incidents do occur regularly within firewall perimeters and that the organization has an early detection, containment and eradication plan in place to manage incidents, thus protecting data more effectively.
Early detection minimizes the time
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