As in, “Way Too Frequently” we are hearing and reading about cyber and data breaches.  The ironic hack du jour: LastPass. Wait for it: A company that lets a customer store all of his or her passwords online in a single storage file had its passwords hacked.

Really?

Employer Take Away:   What should you as an employer take away from this development?

Cyber and data breaches happen to large, iconic companies that everyone thinks “must” have protocols and firewalls in place. They happen to mom-and-pop shops who can’t possibly be targets. They apparently happen to those whose business is to manage and protect passwords.

And they can happen to you.

Have you thought about things you haven’t thought of yet? Do you know what you don’t know? Have you engaged in an internal audit of your practices, protocols, response procedures, and insurance/risk management policies to determine if you adequately address cybersecurity, data breach and information governance issues? Your company spends so much time, money and energy on all kinds of business planning, why not in this area?

WTF??!! (where’s the foresight??!!)