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IDC PeerScape: Practices for Avoiding New Risks in Cybersecurity Incident Reporting

Publisher IDC
Published Apr 14, 2025
Length 14 Pages
SKU # IDC19954083

Description

This IDC PeerScape discusses practices for avoiding new risks in cybersecurity incident reporting. “In all cases, risk assessment should look at the business impacts of each threat and prioritize defenses in terms of how they protect business operations and processes and customer data,” says David Weldon, adjunct research advisor, IT Executive Programs (IEP) at IDC.

Table of Contents

14 Pages

IDC PeerScape Figure

Executive Summary

Peer Insights

Practice 1: Review New Incident Reporting Guidelines in Detail to Understand How Products, Services, and Reputation Could Be Impacted

Challenge

Examples

City National Bank of Florida

Jovia Financial Credit Union

Microsoft

Guidance

Practice 2: Have a Plan in Place for What Information About an Incident Can Be Immediately Disclosed Despite an Ongoing Investigation

Challenge

Examples

NeuEon

Jovia Financial Credit Union

Microsoft

Guidance

Practice 3: View Tougher Reporting Requirements as Opportunities to Better Catch Vulnerabilities and Implement Preventative Measures

Challenge

Examples

Jovia Financial Credit Union

Microsoft

VikingCloud

Guidance

Practice 4: Be Smart About What Information You Disclose, Focusing on the Impact of a Breach Rather Than Details of How It Happened

Challenge

Examples

NeuEon

Jovia Financial Credit Union

Microsoft

Guidance

How Do Licenses Work?
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