In a new study from Experian, 56% of respondents reported that their organization suffered a data breach, an increase of four points from the previous year. Despite the growing threat of data breaches, just 19% reported that their organization’s own response plan is highly effective.

Other takeaways from The Fifth Annual Study: Is Your Company Ready for a Big Data Breach? include:

  • Start at the top with data-breach preparedness
  • Review data-breach response plans to ensure they’re effective
  • Work with third parties and vendors to minimize cyber threats
  • Apply best practices in data breach preparedness.

Read more about cyber security issues for real estate professionals in the May 2018 Texas REALTOR® cover story.