Companies need to create and rehearse an incident response plan to avoid late intervention during a cyberattack, according to panellists speaking at a conference in Toronto last week.
In the face of a breach, there’s no time to think about what to do or who to call, said Ruth Promislow, a partner at Bennett Jones LLP, speaking about the importance of early intervention during a panel on risk management and insurance claims following a cyberattack.
The Cyber Risk Summit, put on by NetDiligence, took place Feb. 23.
Promislow said it is important for companies to look at their cyber-insurance and ask if they’re properly covered.
“When you have this coverage, engaging your insurer immediately is helpful in that you have access to the panel of experts that they provide. In the face of a breach, there’s really no time to think about what you need to do and who you need to be calling. That’s why you need a well-rehearsed incident response…
