Companies Prepared for Data Breaches But Don’t Update Their Plans

While more companies are taking action to prevent and respond to a security breach like the recent Home Depot hack, the number of attacks is also on the rise. In the past year alone, an astounding 43% of companies in the United States were hit by a data breach, according to a new study by Experian and Ponemon—a 10% increase from the previous year.

According to the survey, which asked 567 executives of U.S. companies about their preparedness and response plan for a data breach, 73% said their company has plans and teams in place to respond to a data breach (compared to 61% in last year’s survey). However, only 30% of respondents said that plan was effective, and a vast majority (78%) don’t update their plan regularly.

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