Unmasking Cyber Threats: How to put safeguards against data breach & mitigate risks

Cybersecurity expert Sachin Yadav highlighted the recent cyber fraud trends and discussed ways to mitigate risks. Yadav suggested a thorough post-breach investigation involving impact assessment, identification and containment of breaches, evidence acquisition and preservation, notification and communication, remediation, and implementation of lessons learned. He stressed the need for compliance with privacy laws and vigilant protection against information leaks during investigations. Yadav also noted the direct and indirect financial impacts of cyber-attacks, recommending risk mitigation measures like training and awareness, robust detection systems, cyber insurance, and third-party diligence.