What Is a Security Breach and How Do You Recover From One?

47% of small businesses experienced a cyber attack in 2017.

As technology develops, security breaches are likely to pose even more threat to businesses around the globe.

A lot of companies, however, aren’t even aware what a security violation entails. They may not be taking the right steps to recover from one, either.

What is a security breach and how should you act once one occurs? In this post, we cover the answer to these questions and more.

What is a Security Breach?

A security breach defines any attempt to release data to unauthorized environments.

This data may or may not be sensitive. In most cases, this data is digital or cloud-based. However, security breaches can happen with physical data, such as documents or files.

Many security breaches are intentional. Hackers, for example, may get a hold of a company’s financial information.

However, some are unintentional. A company may release confidential data without knowing that doing so is unauthorized.

Either way, a security breach can be immensely damaging. It can be financially disastrous. It can also put employees, citizens, and staff members at risk.

How to Recover from a Security Breach

First things first, definitely recommend testing your current cybersecurity with a Pegasus audit. Audits are the first step in a long-term security plan for any business.

If you believe your company has been a victim of a security breach, there are several steps you can take. Make sure you build these into your recovery action plan today!

1. Identify the Extent of the Damage

This can be a tricky step, but it’s vital for eliminating security threats and jumpstarting recovery.

Do your best to identify the extent of the breach itself. Specify what was stolen, released, or compromised.

Sometimes this may be obvious. You may know right away, for example, that your company’s credit card information has been stolen.

However, in some cases, you may not know the total impact of a cyber attack.

2. Report the Breach

It’s essential to report the security breach as soon as possible. This may mean contacting relevant financial institutions.

It could also mean reaching out to credit bureaus and financial management services. Depending on the severity of the data breach, you may want to contact law enforcement.

Your staff members should also be aware of a breach. Make sure they stop using any relevant accounts, if applicable. They may even need to change passwords or access codes to company data.

3. Change Any Passwords

If the stolen data was password-protected, now is the time to change those passwords. Make sure you use unique, highly secure passwords when doing so.

Encrypt any new or existing data to prevent further security breaches.

4. Take Steps to Prevent Future Breaches

Your business’s data deserves top security. If you’ve experienced a breach, make sure you take steps to prevent a future one.

This often means investing in cybersecurity solutions like those offered here at Pegasus.

Final Thoughts: Security Violations

What is a security breach and what should you do if you experience one?

Security breaches involve the unauthorized release of data. They can be deeply compromising for even the smallest of businesses.

If you’ve encountered a data breach, identify what was stolen. Then report the breach to relevant authorities. Be sure to take the proper steps to prevent future cyber attacks.

At Pegasus Technologies, we offer state-of-the-art managed IT services. Start a conversation with us about security solutions now!