In Monday’s (October 31, 2011) Wall Street Journal there was a curious article explaining many security breaches resulting from unsuspecting employees. It also touches on another huge problem: The trend to share more and more personal data on social networking sites.
Breaches of private information can be a serious assault on any business framework and wreak havoc on business security resources. Risk awareness and transparency are good risk mitigation measures to lower prospective Total Cost of Risk (TCoR).
We suggest awareness plans to remind employees about security measures already in place and to caution against the obvious.
For more cyber risk advice or to discuss how a methodical approach to risk management can protect your firm contact me at 732.395.4251 of [email protected].
Albert Sica
Managing Principal
