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From: security curmudgeon (jerichoattrition.org)
Date: Mon May 19 2008 - 04:51:44 CDT
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From: InfoSec News <alertsinfosecnews.org>
By Darryl K. Taft
BALTIMORE - In this era of Internet connectivity, businesses must prepare
for what is becoming the almost-inevitable data breach, according to a
pair of chief privacy officers for major financial institutions.
At the IntrusionWorld Conference and Expo co-located with the Web Services
Security & SOA Conference here May 13, Joel Tietz, chief privacy officer
at AXA Financial, and Michael Drobac, chief privacy officer at Merrill
Lynch, discussed the increasing risk and costs of data breaches and how
enterprises can better prevent and manage them.
Drobac exhorted every organization to have a plan in place for data
breaches. "Failing to plan is planning to fail," he said, noting that data
breaches have become almost inevitable in the connected era.
Drobac provided his own top 10 list of ways to prevent and manage a data
breach that could cost an organization time, money, productivity and
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