💡 According to IBM's 2023 Cost of a Data Breach Report, the average cost of a data breach globally is $4.5 million, with healthcare breaches peaking at $10.93 million per breach. 🔍 How can you, as Board Directors and Executives, ensure robust data privacy and protection practices that safeguard your organization from these costly breaches? In CyberBoardCast™ Episode 256, we delve into best practices for data privacy and protection, building on insights from previous episodes. Here’s what you need to focus on: 🎙️ CyberBoardCast™ Ep256: What Proven Data Privacy Strategies Can Help Your Board Prevent Breaches Costing You Millions: •      Integrate Privacy into Business Strategies: Make data privacy a strategic priority, embedding it into every business process and decision. •      Implement Privacy by Design: Incorporate privacy from the inception of every project using encryption, anonymization, and other technologies. •      Practice Data Minimization: Collect only the data necessary for specific purposes to force a better understanding of your strategy and desired outcomes. •      Prepare for Data Breaches: Develop comprehensive incident response plans, conduct regular drills, and ensure active participation from all divisions and Board committees. 💡 Data privacy and cybersecurity are intertwined. Robust cybersecurity measures support data privacy efforts, and privacy practices enhance overall security. 🔗 Subscribe at CyberNationCentral.com/CyberBoardCast To assure your shareholders, insurers, regulators, and employees that you’re ready to lead cybersecurely at the highest level, earn the Certified Cyber Fiduciary™ (CCF™) Certification by Cyber Nation Central®, the most trusted provider of Certification, Insights, and Advisory for Boards and C-Suites. Schedule your consultation at cybernationcentral.com. 🎙️ Watch and Listen to CyberBoardCast™ Daily: 🎥 8AM ET on Spotify (https://lnkd.in/gu3439Rg) and YouTube (https://lnkd.in/g_gaufFP) 🎧 Apple Podcasts, Audible, Amazon Music, or your preferred podcast platform 9AM ET or shortly after. #DataPrivacyStrategies #BoardCyberGovernance #DataBreachPrevention #CyberNationCentral #DataPrivacy #BoardCyberReadiness #CybersecurityProtocol #CyberGovernance #CyberSecurity #BoardCybersecurityStrategy #CSuiteCybersecurityStrategy #CorporateGovernance #BoardroomCulture #CSuiteCulture #CyberDefense #CultureOfCybersecurity #BoardTraining #CSuiteTraining #CEO #CSuite #BoardChair #CISO #ExecutiveCybersecurityBlueprint #BoardCybersecurity #BoardEducation #ExecutiveEducation #Management #CyberDefense #CyberRoles #CNCDO #AndrzejCetnarski --- Send in a voice message: https://podcasters.spotify.com/pod/show/cybernationcentral/message