Brush Creek Partners Helps Companies Prepare to Respond to a Data Breach in Light of All the Recent Data Breaches
Every Company is Vulnerable and it’s Time to Start Protecting Our Information and Preparing to Defend Our Businesses from a Cyber Attack
Kansas City, MO, June 15, 2011 --(PR.com)-- Brush Creek Partners, an innovative risk management firm focused on data privacy, today announced new ways for technology companies to protect their balance sheets from a data breach. In the past month Sony, Epsilon and Google have announced large data breaches and most recently, Citi announced more than 200,000 credit card holders information had been breached; each of these breaches damaged the company’s reputation and cost them financially.
Data breaches are a growing area of concern for businesses but unfortunately many small to midsized business owners aren’t aware of their risk and the cost a breach can have on their business. “By focusing on providing risk management and insurance solutions to these companies, we’re not only able to help prevent a breach, but if a breach does happen we can help a business recover quickly with as little out of pocket cost as possible,” said Travis Holt, co-founder of Brush Creek Partners.
"Businesses need to understand the importance of proactive network security measures and tactics," said William J. Brunkhardt, Chairman of Cyber Sciences Corporation. "Unfortunately, we live in a world where businesses don't typically change their security posture or heed the warnings until it is too late. Be proactive, invest in network surveillance and have a definitive mitigation strategy."
In a recent interview on Fox News, Dave Navetta, a partner of Infolawgroup, compared a hacker breaking into a business to a fire (see link to the video below). A business can build a building with fire retardant materials, a sprinkler system and take the appropriate safety precautions but a fire can still happen. No matter how secure your networks are or how well trained your employees are, you’re still vulnerable to a breach so it’s important to know what you need to do if you suffer a breach.
Data breach laws are different from state to state but both Kansas and Missouri require a business to respond to a known breach. It’s also important to note that even if a vendor causes a breach of your clients’ information, you are still responsible to respond to the breach notification laws.
“Aside from certain requirements under state and federal laws, it just makes good business sense for companies, no matter what their size, to establish and implement written data security policies in order to protect themselves and their customers from costly data security breaches,” said Tim Steffens, an attorney with Polsinelli Shugart who specializes in the space. In addition to a good breach response plan, businesses can purchase cyber liability insurance to help pay for the costs associated with a breach.
About Brush Creek Partners:
Brush Creek Partners is a risk management firm located in Kansas City focusing on technology companies and cyber liability. The firm provides network security consulting services and is a retail insurance brokerage offering many different products in the cyber liability space. For more information, or to contact Brush Creek Partners, please visit the company’s website at http://www.brushkc.com or call (816) 343-8878.
Link to the Fox News Video on Cyber Liability http://video.foxnews.com/v/983481294001/cyber-insurance-is-exploding/
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Data breaches are a growing area of concern for businesses but unfortunately many small to midsized business owners aren’t aware of their risk and the cost a breach can have on their business. “By focusing on providing risk management and insurance solutions to these companies, we’re not only able to help prevent a breach, but if a breach does happen we can help a business recover quickly with as little out of pocket cost as possible,” said Travis Holt, co-founder of Brush Creek Partners.
"Businesses need to understand the importance of proactive network security measures and tactics," said William J. Brunkhardt, Chairman of Cyber Sciences Corporation. "Unfortunately, we live in a world where businesses don't typically change their security posture or heed the warnings until it is too late. Be proactive, invest in network surveillance and have a definitive mitigation strategy."
In a recent interview on Fox News, Dave Navetta, a partner of Infolawgroup, compared a hacker breaking into a business to a fire (see link to the video below). A business can build a building with fire retardant materials, a sprinkler system and take the appropriate safety precautions but a fire can still happen. No matter how secure your networks are or how well trained your employees are, you’re still vulnerable to a breach so it’s important to know what you need to do if you suffer a breach.
Data breach laws are different from state to state but both Kansas and Missouri require a business to respond to a known breach. It’s also important to note that even if a vendor causes a breach of your clients’ information, you are still responsible to respond to the breach notification laws.
“Aside from certain requirements under state and federal laws, it just makes good business sense for companies, no matter what their size, to establish and implement written data security policies in order to protect themselves and their customers from costly data security breaches,” said Tim Steffens, an attorney with Polsinelli Shugart who specializes in the space. In addition to a good breach response plan, businesses can purchase cyber liability insurance to help pay for the costs associated with a breach.
About Brush Creek Partners:
Brush Creek Partners is a risk management firm located in Kansas City focusing on technology companies and cyber liability. The firm provides network security consulting services and is a retail insurance brokerage offering many different products in the cyber liability space. For more information, or to contact Brush Creek Partners, please visit the company’s website at http://www.brushkc.com or call (816) 343-8878.
Link to the Fox News Video on Cyber Liability http://video.foxnews.com/v/983481294001/cyber-insurance-is-exploding/
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Contact
Brush Creek Partners
Travis Holt
816.343.8878
www.BrushKC.com
Travis Holt
816.343.8878
www.BrushKC.com
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