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Something as simple as the design and operation of internal sys-
opening a suspicious email or tems and controls relating to privacy and
security regulations. SOC 2 reports evalu-
clicking a link can open the ate an organization’s information systems
door to a vicious attack. relevant to security, availability, process-
ing integrity, confidentiality and privacy.
So educate your team on these attacks and The SSAE 18 certification demonstrates
how they can help prevent a data breach to clients and contract holders that the
from happening. This includes imple- company has the necessary processes in
menting new processes and safeguards to place to ensure the security of personal
protect your data. and confidential information.
PREVENTION RESPONSE
To start the process of ensuring data secu- While education and
rity and applying safeguards, we recom-
mend starting with a simple acronym to prevention are necessary,
ensure your business is checking all the it’s also important that your
boxes: ADRIFT dealership is prepared to
respond to a data breach.
• Assess security risk across all access
points and partners.
• Document information security pro- The National Institute of Standards and
gram procedures. Technology (NIST) has developed an ex-
• Regularly review foreseeable risks that cellent framework to use as a guideline
could result in unauthorized disclosure when it comes to responding to a data
or compromise of consumer data. breach.
• Identify a person responsible for cus-
tomer information security with the au- • Identify - Before an attack even oc-
thority to implement program changes. curs, identify what data or systems are
• Foresee manageable risks that could re- vulnerable. Everything from the copy systems in place to protect your data.
sult in unauthorized disclosure of pri- machine to the cloud servers should be
vate consumer information. evaluated. Start by writing them down. Talk with
• Protect - Safeguard the data and your your administrators to get data security
Train your team regularly on your proce- systems with a cyber attack insur- recommendations. Consider investing in
dures for securing private consumer data. ance policy. And, don’t forget to back at least a yearly security audit to deter-
up your systems. While the cost may mine the strength of your systems and ap-
In addition to protecting seem steep, having those items in ply any new process changes. Lastly, you
don’t have to respond to a breach on your
data within your own place can save millions of dollars in own. Evaluate potential partners to help
the long-run.
domain, it is critical that you • Detect - Be aware of any anomalies in conduct a security response in the event
evaluate the security your systems to detect a breach as soon of a breach.
measures of your business as possible. The old rule of “See some- With the amount of confidential con-
thing, say something” is particularly
partners and obtain security relevant in the case of a data breach. sumer information collected in the retail
agreements with them. • Respond - Take whatever action is nec- automotive industry, data security is mis-
essary to stop the breach in its tracks. sion critical to successfully conducting
After all, if they experience a breach, they Contain the impact while managing business. Understanding your risks, and
could put your business at risk. communications. putting the necessary prevention and re-
• Recover - Restore the capabilities and sponse processes in place will be key to
There are programs and certifications services that may have been disrupted, protecting your business going forward.
that can help ensure you are partnered and put protections in place to guard
with organizations who do business against future attempts to gain entry Mautice Hamilton brings extensive ex-
above the line. SSAE 18 certification is into your systems. perience in spearheading application de-
one of these and is the most widely recog- velopment and management to his role as
nized standard providing companies with While this may seem daunting, it doesn’t vice president of technology at EFG Com-
a method for reporting information about have to be. You most likely already have panies. n
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