DataBreaches.Net

Menu
  • About
  • Breach Notification Laws
  • Privacy Policy
  • Transparency Report
Menu

BakerHostetler Data Security Incident Response Report

Posted on March 30, 2016 by Dissent

BakerHostetler has released its second annual data security incident response report, which is based on 300 cases they advised on last year. The report provides some statistics on causes of incidents, which industries were most affected, and what happens after a security incident is detected – from containment, to notification, to regulatory investigations and even lawsuits. A final section in the report provides the eight components of being compromise ready and identifies measures companies should take to minimize the impact of an incident.

Key findings from the report include:

  • Cause of incidents: phishing/hacking/malware (31%), employee actions/mistakes (24%), external theft (17%), vendor-related incidents (14%), internal theft (8%), and lost or improper disposal (6%).
  • No industry is immune: the healthcare industry (23%) was affected more than any other. Rounding out the top three are financial services (18%) and education (16%).
  • Number of individuals notified: for incidents in 2015 where notification was made, the average number of individuals notified was 269,609 and the median was 190,000.
  • 52% of the incidents that BakerHostetler helped manage in 2015 were self-detected.
  • Detection time – the time from when an incident first began until it was detected – ranged from 0 days to more than 400 days. The average amount of time from incident to discovery for all industries was 69 days, with healthcare taking nearly twice as long as other industries. Average amount of time from discovery to containment was 7 days.
  • Notification – the average amount of time from discovery to notification – was 40 days.
  • Not all incidents require notification to individuals or the public at large. In about 40% of the incidents that BakerHostetler helped manage in 2015, notification or public disclosure was not necessary.
  • Credit monitoring was offered in 53% of the incidents that BakerHostetler advised on in 2015 and the average redemption rate was 10%.
  • Regulatory inquiries resulted from 24% of incidents reported, and litigation commenced after 6% of the incidents were made public.

Access the report.

Note that the average time from discovery to notification was 40 days. For HIPAA-covered entities, that may not be a problem, but some states now have notification requirements where a 40-day gap would be problematic.

SOURCE: BakerHostetler


Related:

  • North Country Healthcare responds to Stormous's claims of a breach
  • Gladney Adoption Center had serious data exposures in the past few months. What will they do to prevent more?
  • 70% of healthcare cyberattacks result in delayed patient care, report finds
  • Hackers Can Remotely Trigger the Brakes on American Trains and the Problem Has Been Ignored for Years
  • Back from the Brink: District Court Clears Air Regarding Individualized Damages Assessment in Data Breach Cases
  • Qilin Emerged as The Most Active Group, Exploiting Unpatched Fortinet Vulnerabilities
Category: Commentaries and Analyses

Post navigation

← Mattel nearly loses $3M to a phishing scam
Cyta launches insider data theft probe →

Now more than ever

"Stand with Ukraine:" above raised hands. The illustration is in blue and yellow, the colors of Ukraine's flag.

Search

Browse by Categories

Recent Posts

  • Clorox Files $380M Suit Alleging Cognizant Gave Hackers Passwords in Catastrophic 2023 Cyberattack
  • Cyberattacks Paralyze Major Russian Restaurant Chains
  • France Travail: At least 340,000 job seekers victims of new hack
  • Legal Silence and Chilling Effects: Injunctions Against the Press in Cybersecurity
  • #StopRansomware: Interlock
  • Suspected XSS Forum Admin Arrested in Ukraine
  • PowerSchool commits to strengthened breach measures following engagement with the Privacy Commissioner of Canada
  • Hungarian police arrest suspect in cyberattacks on independent media
  • Two more entities have folded after ransomware attacks
  • British institutions to be banned from paying ransoms to Russian hackers

No, You Can’t Buy a Post or an Interview

This site does not accept sponsored posts or link-back arrangements. Inquiries about either are ignored.

And despite what some trolls may try to claim: DataBreaches has never accepted even one dime to interview or report on anyone. Nor will DataBreaches ever pay anyone for data or to interview them.

Want to Get Our RSS Feed?

Grab it here:

https://databreaches.net/feed/

RSS Recent Posts on PogoWasRight.org

  • Meta Denies Tracking Menstrual Data in Flo Health Privacy Trial
  • Wikipedia seeks to shield contributors from UK law targeting online anonymity
  • British government reportedlu set to back down on secret iCloud backdoor after US pressure
  • Idaho agrees not to prosecute doctors for out-of-state abortion referrals
  • As companies race to add AI, terms of service changes are going to freak a lot of people out. Think twice before granting consent!
  • Uganda orders Google to register as a data-controller within 30 days after landmark privacy ruling
  • Meta investors, Zuckerberg reach settlement to end $8 billion trial over Facebook privacy violations

Have a News Tip?

Email: Tips[at]DataBreaches.net

Signal: +1 516-776-7756

Contact Me

Email: info[at]databreaches.net

Mastodon: Infosec.Exchange/@PogoWasRight

Signal: +1 516-776-7756

DMCA Concern: dmca[at]databreaches.net
© 2009 – 2025 DataBreaches.net and DataBreaches LLC. All rights reserved.