In today’s digital economy, data breaches are a growing threat to businesses of all sizes. An adverse event could come in the form of a cyberattack, insider theft, or accidental exposure, and the consequences may lead to financial loss, reputation damage, and/or legal action. That’s why the Federal Trade Commission (FTC) urges every business to have a Data Breach Response Plan in place before an incident occurs. The First 24 Hours Matter According to the FTC, the first step after disco...
