Whether you are trying to comply with HIPAA/HITECH, NAIC Model Laws, SOX, PCI DSS, ISO or the NIST Cybersecurity Framework, you must address incident response and management. In the time I have been involved in risk management, I have seen an ever-growing emphasis being placed on these functions.
I think that one of the reasons for this is that most of us have come to the realization that there is no such thing as perfect information security. Not only are data breaches and other security incidents inevitable, we are seeing that there are more and more of them occurring each year; a trend I don’t expect to change anytime soon. In addition, people are becoming increasingly concerned with their privacy and protecting their proprietary information. In response, regulators are becoming tougher on the subject too.