Co3 Systems announced an automated, repeatable way to prepare for data loss events, assess their potential impact, and generate and manage incident response plans more efficiently. As a result, businesses can cut incident response process time by as much as half – reducing the risk, expense, and resources associated with data loss events.
Delivered as a SaaS-based solution and designed for ease-of-use, Co3 Systems streamlines the incident response process for customers by providing actionable insight in less than 20 minutes.
The major aspects of the Co3 Systems solution comprise of the following:
Event preparedness – organizational visibility to audit process effectiveness, refine controls/data inputs and historical information for reporting and monitoring. Co3 Systems also allows organizations to run hypothetical loss scenarios to better understand risks and vulnerabilities as well as simulations to gauge incident response preparedness.
Data event analysis – through comprehensive and customizable forms, enables easy definition of breach scope and impacted data for analysis.
Liability assessment – immediate risk assessment and liability estimate incorporating all current applicable regulatory requirements, deadlines, and associated penalties.
Incident response – clear and actionable incident response workflow with the ability to create, assign, and track all tasks to completion.
Co3 Systems’ team and the delivery of the solution via SaaS also ensures that customers have the most up-to-date information regarding current and pending legislation with extensive links to source legislation, disclosure letter templates, contact information and policies.