Threat investigations are one of the most important tasks security analysts face today. To quantify the importance and complexity here are a couple of statistics from a recent IBM “Cost of a Data Breach Report 2020.” According to the report, the average time to detect and contain a data breach caused by a malicious actor was 315 days. That's a long time. Additionally, we’ve all heard the saying that “time is money” well how about this? “Organizations that are able to contain a data breach in less than 200 days saved an average of $1.12 million compared to organizations that took more than 200 days to contain a breach,” that is pretty compelling.
Creating an incident response program and team is the core of any strong cybersecurity program. According to one 2020 report, 7 million data records are compromised every day. With a better understanding of incident response, you can mature your security posture to reduce data breach risks.