Use Case: Executive Board
Matchlight Reduces Data Breach Response Time
Data breaches happen. What matters most is how you respond in the event of a data breach. Yahoo’s breach in 2014, which wasn’t discovered until 2016, resulted in an immediate drop in share prices and significant customer attrition. Meanwhile, Target’s 2013 breach resulted in a $10M class action lawsuit and three months of declining stock prices.* Both of these companies rebounded, but that isn’t always the end result. The speed and manner in which a company responds to a breach can have a significant impact on revenue, shareholders, customer relationships, and business operations.
In the wake of a data breach being exposed online, there are many elements that comprise an appropriate crisis response. Companies need to consider crisis communications, public perception, and compliance issues that could arise from the breach. But at the foundation to being able to formulate the appropriate response is the ability to be notified immediately in the event of a breach, so that you can make these decisions effectively and without delay.
Matchlight is continuously and securely monitoring the open, deep, and dark web for your sensitive data. Using our patented digital fingerprinting technology, we detect exact matches of your data across the web and provide real-time notifications, allowing you to mitigate reputational damage by acting as quickly as possible to formulate a response. You receive actionable recommendations via Matchlight’s dashboard, giving your team the information and sounding board they need to make decisions that will ultimately affect the company in the long term.
*Source: Techopedia How Cyberattacks Affect Share Holders and Board Members (2018)
$52 billion: The total cost of cyber attacks to shareholders of 65 companies studied by CGI and Oxford Economics in the five years leading up to 2018.*
Is Your Executive Board Prepared for Data Loss?
Explore Matchlight to see how we protect your brand, your reputation, and your business.
Matchlight Helps Protect Organizations from Digital Risk
Matchlight’s Digital Risk Protection solution provides comprehensive monitoring across all of your sensitive information and digital assets that pose the greatest risk of misuse, fraud, and loss. Monitor and detect if your customer and employee personal information, including social security numbers and credit card numbers, are exposed across the web. And immediately identify misuse or fraud of your executives, brand, and corporate identities.
Use Matchlight to minimize your organization’s digital risk, including:
Monitor the open, deep, and dark web for templates, guides, and other fraud materials that assist a criminal to exploit your company’s products or