Neill Feather, SiteLock presidentData breaches are fairly common occurrences these days – in 2014 alone, nearly half (43%) of all companies experienced a cyber attack. Even worse is that most data breaches take weeks or even months to discover, which can have devastating effects on a business since the average cost of a compromised record is worth more than $194.

What can businesses do to prepare for and mitigate the inevitable cyber attack? Check out what Neill Feather, president of SiteLock, recently wrote in an article on Smart Data Collective to help businesses put the proper recovery and response plans in place.