Why Honesty Is Not Always the Best Policy at Work A new study finds that leaders appear more benevolent by using deception to manage certain business situations. Everett Collection Many organizations make bold claims about how they value honesty above all else.
Follow solarwinds Data breaches don't discriminate.
Businesses of all sizes are affected by these hugely damaging attacks, which means that more and more customers are directly feeling their effects. For businesses, the impact of a data breach is far-reaching, disrupting organizations both in financial terms and in the way they are perceived by the general public.
For example, a company with its name splashed across the papers for having been caught cold by a data breach may find that once-loyal customers are evaluating their relationship, with a potentially irreparable loss of trust.
Trust is a valuable thing for customers. We're more connected than ever, and the sheer volume of sensitive data now available to organizations means that customers expect a high degree of transparency.
This leads us to data breach notifications—the act of businesses alerting customers to any breach that they've fallen victim to, and taking steps to remediate the damage. It ensures that customers aren't left in the dark with regards to their data.
Honesty, it seems, really is the best policy. Customers are savvy, and if you remain tight-lipped about a data breach, the truth will eventually come out. If a customer reads about a potentially damaging breach in the news rather than being informed by the company they are affiliated with, then that relationship is in for a rough ride.
By showing customers that your business won't be cowed by the attacker threat and that you'll stand up for what's right, regardless of the cost, you'll likely be rewarded with trust and respect.
With this in mind, it's clear that data breaches are more than an IT issue—they are a business issue. Given that the tendrils of an attack are so far-reaching, it's strange that in many businesses, data breach notifications are seen as the purview of the IT professional. This is absolutely not the case.
For a business as a whole to be aligned in this, it's important that attacks are identified and the level of damage is established as quickly as possible.
But how can you do this? First, plan before establishing your defenses. Second, you should invest in monitoring before defenses are established. Data breach notification is only possible if you know when a breach occurs, and monitoring is the only way to do that.
Security Information and Event Management SIEM software will tell the business when an attack has occurred, the damage it has inflicted, and if any other systems may still be at risk.
You should also map your monitoring and reporting strategy to business priorities as well as the usual suspects, like events logs, USBs, and other external devices.
With business priorities constantly changing, your SIEM tools need to be able to adapt to keep up.
Finally, constant testing is a must. When that happens, ditch any defenses you don't need and double down on weaker or more critical areas. Remember to update the rest of the business when you adjust your defenses. Otherwise, your business and its customers may grow accustomed to a false sense of security.
Data breach notifications are already achievable for most IT teams, however, more work is required if an entire business is to pitch in and use this transparency as a competitive advantage. By following the above steps, you can let customers know what needs defending and why, and earn their trust and loyalty, proving that honesty is still very much the best policy.Jul 31, · Think honesty is the best policy?
Think again. In these ten work situations, being brutally frank may lead to problems in your job, career and future. From the Back Cover. Learning about Honest is an Adventure with Drea. Meet Andrea "Drea" Thomas, a very creative seventh grader and the coolest baby-sitter a kid could ever have.
Morehead State University offers undergraduate degree programs and 23 pre-professional programs, and 72 graduate programs. We are committed to academic excellence and student success. HONESTY. Honesty is the best policy--when there is money in it.
- Speech, 30 March There are people who think that honesty is always the best policy.
What's the origin of the phrase 'Honesty is the best policy'? This proverb is first found in the writings of Sir Edwin Sandys, the English politician and colonial entrepreneur, who was prominent in the Virginia Company which founded the first English settlement in America, at Jamestown, Virginia.
HONESTY. Honesty is the best policy--when there is money in it. - Speech, 30 March There are people who think that honesty is always the best policy.