A cyber breach incident requires a rapid response to meet the intense scrutiny by regulators. Companies must plan for recovery by having the tools in place to find the source of a breach.
BIA, a leading e-Discovery provider, sees a significant demand for a breach discovery service in the risky cyber environment. In January, BIA launched its Data Breach Discovery (DBD) service with its partner, Reckoning Consulting Partners, which is a company that has managed numerous data breaches. BIA’s new cybersecurity venture shows how e-Discovery methodology is filling key gaps in breach response.
Identifying Compromised Data
After a data breach, a compromised entity must determine what data was exposed and who was affected. However, the amount of data involved in a breach can be voluminous. Gathering breach data requires trained staff using specific tools to handle the data collection, analysis, and reporting.
BIA has a proven infrastructure in place to conduct data breach discovery. BIA’s technologies handle collecting, analyzing, and reporting of data, including the use of artificial intelligence for searching. Brian Schrader, BIA’s president and CEO, explained how its past work in e-Discovery allowed BIA to develop core technologies to review volumes of documents. As a result, BIA believes that applying its methods to cybersecurity purposes is a smart way to utilize its developments.
The DBD service identifies compromised information by combining e-Discovery techniques with cybersecurity methodologies to identify personal or sensitive data. To analyze a breach, the service utilizes its advanced analytics capabilities to single out compromised data. The DBD service includes streamlined workflows and rigid quality control. Additionally, the service has forensic investigation capabilities.
Recovering from a data breach requires skill and experience. BIA promises that its DBD service is efficient and secure. In addition, BIA’s service hopes to help companies avoid regulatory action and cybersecurity litigation.