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The growing frequency of cyberattacks has made effective data breach management critical for businesses. According to a report by the Identity Theft Resource Center, data breaches impacted more than 350 million people last year.

When a data breach occurs, the most important thing on any business owner’s mind is what to do next, and how to take action as quickly as possible.

With sensitive consumer data at stake, knowing the proper steps to take immediately after a breach can mitigate damage, restore trust, and help your business comply with legal obligations.

What to Do Immediately After a Data Breach

The first few hours and days following a breach are critical to effective data breach management. Delays can lead to greater data loss, regulatory penalties, and a loss of trust from customers and stakeholders.

Below are the immediate steps businesses should take when a breach is detected.

Pro tip: Add these steps to your data breach management plan so you can be prepared.

Contain the Breach

The first priority after discovering a data breach is to contain the issue to help prevent further losses. If you don’t have a containment plan in place, here are some key steps you should take:

• Isolate affected systems immediately
• Shut down compromised servers and networks
• Disconnect the breached systems from the internet and other connected systems
• Restrict access to critical infrastructure

It's crucial to notify your IT team and cybersecurity professionals immediately so they can assess the situation, stop active threats, and prevent them from spreading further.

⭐️ Read More: Data Breach Statistics Reveal 26 Reasons Businesses Need Protection Now

Assess the Damage

Once the breach is contained, it’s time to assess the scope and impact of the attack.

Conduct a thorough investigation to understand the nature of the breach and what kind of data was compromised – whether it was customer information, financial records, or other sensitive data. Work with cybersecurity experts to determine how the breach occurred, which systems were affected, and if sensitive data was accessed or stolen.

Understanding the extent of the damage will help shape your data breach recovery plan and inform communication with affected parties.

Data Breach Legal Obligations & Regulatory Compliance

A key part of data breach management is understanding and adhering to the relevant data breach notification laws. These laws vary by state and dictate how and when businesses must notify affected parties.

Understanding Data Breach Notification Laws

In the aftermath of a data breach, businesses must notify their customers to comply with data breach notification laws, which vary by state.

These laws typically require companies to notify affected customers and regulatory authorities within a certain time frame. Companies may face penalties or lawsuits for failing to notify stakeholders in a timely manner.

For specific guidelines by state, contact the IDIQ Data Breach Response Team.

Engaging Legal Counsel

Legal assistance is a critical component of a data breach response plan. Attorneys can make sure that your business complies with federal and state laws and help protect you from further legal exposure.

They will guide you through liability considerations, particularly if customer data was involved, and ensure that the proper evidence is preserved for potential investigations. Legal professionals can also help you prepare a formal response for regulatory authorities and draft necessary communications to customers.

Post-Data Breach Communication Strategy

Handling the communication process effectively, both internally and externally, is critical to maintaining trust and minimizing confusion. Every organization needs a clear communication strategy as a part of its data breach management plan to avoid panic and misinformation.

Internal Communication

It is essential to inform key stakeholders within the company – including executives, legal teams, IT, and PR – without causing unnecessary panic. Clear communication channels ensure everyone is aligned on the response effort.

When notifying employees, be transparent but cautious about sharing specific details of the breach until more information is available. Stress the importance of maintaining confidentiality to prevent misinformation or further escalation.

External Communication

When communicating about a data breach externally, transparency is critical. Follow all state laws while informing those affected.

Businesses should outline what data was compromised and what steps are being taken to rectify the situation.

Offering resources such as identity theft protection services through partners like IDIQ can help rebuild trust and provide valuable support to affected customers.

Learn more about our comprehensive data breach solutions.

Data Breach Remediation and Security Enhancements

After the initial breach has been managed and communicated, businesses must focus on breach remediation efforts and enhancing their cybersecurity infrastructure.

Fix the Vulnerabilities

Once the breach is contained and initial communications are handled, the next step is to fix the vulnerabilities that allowed the breach to occur.

This might involve patching software, resetting passwords, disabling compromised accounts, updating firewalls and antivirus programs, or training employees.

Conduct a full security audit to detect lingering threats and to help make sure that no further damage occurs, and prevent data breaches from happening again.

Strengthening Cybersecurity Infrastructure

In the long term, businesses must make a continuous effort to strengthen their cybersecurity infrastructure to help prevent future breaches.

Here are some key steps you can take right away:

• Implement multi-factor authentication (MFA) to secure access to sensitive systems.
• Encrypt sensitive data to reduce the risk of exposure.
• Schedule regular security tests to identify vulnerabilities

Many businesses also turn to cyber insurance or data breach insurance to help cover costs associated with a data breach, such as legal fees and recovery efforts.

A comprehensive data breach response plan should also be developed and continuously  updated to help make sure the company is prepared for future incidents.

Monitoring and Post-Breach Evaluation

A thorough post-breach evaluation is an essential part of long-term data breach management. This will help your business identify weaknesses and prevent future incidents.

Continuous Monitoring

After a data breach, businesses should closely monitor their systems for signs of lingering threats and potential cyberattacks.

Continuous monitoring and real-time threat detection solutions can help identify unusual activity before it escalates into another breach. This helps businesses respond faster and more effectively to potential data breaches.

Review and Learn

Conducting a post-breach review can help your company learn what went wrong and how to help prevent similar incidents in the future.

What were the weak points in your security? How effective was your response? Were there communication gaps?

Lessons learned from this review can guide future investments in employee training on cybersecurity best practices, ensuring the entire organization is prepared to detect and respond to potential threats.

Leveraging Identity Theft Protection Services

If your business collects sensitive consumer data, offering identity theft protection services as part of your data breach response plan can demonstrate goodwill and help protect your customers from further harm.

Identity theft protection services offered by IDIQ can monitor personal information, provide fraud alerts, and offer restoration services, helping businesses and customers in their data breach recovery.

💡 Related: 10 Tips for Data Breach Prevention

Bottom Line

A data breach can be devastating for any business, but how you respond can make all the difference in the future of your company.

By taking immediate action and following the steps outlined above, your company can recover from the data breach quickly and get back to business as usual. Strengthening cybersecurity measures and learning from the breach will help prevent future incidents.

Your business can recover faster with comprehensive data breach response services from IDIQ. From meeting all of your needs through customized recovery plans and guaranteed 24-hour response time to helping restore customer trust through identity theft monitoring, IDIQ can help protect your business and your customers in the event of a breach.

Don't wait — contact IDIQ for comprehensive data breach recovery services to protect your business today.

IDIQ is a financial wellness company. IDIQ does not provide legal advice. The information on the website is not legal advice and should not be used as such.  

Each year fraud grows more complex, targeted, and difficult to detect. The IdentityIQ 2024 Fraud Trends Report with Predictions for 2025 reveals a staggering surge in scams fueled by traditional tactics and evolving technology such as artificial intelligence (AI). For businesses, understanding these trends is critical – not only to defend against fraud but to help safeguard clients’ trust and security.

IDIQ recently released its newest report, under the flagship IdentityIQ® brand and built on proprietary member data, on the key fraud trends found last year with predictions for this year to help consumers and businesses stay ahead of scams.

Click here to download the report.

Utility Account Fraud: Costing Customers and Companies

Utility account fraud exploded by more than 1,033% in 2024 compared to the previous year, marking one of the fastest-growing types of identity theft. Fraudsters typically use stolen personal information to open utility services in someone else’s name. Or, they impersonate utility providers and threaten disconnection unless an immediate payment is made.

What This Means for Businesses: If you serve customers who use personal data to access services – whether utilities, telecom, or other services – this trend should be on your radar. Fraudsters are now bypassing consumers and targeting service providers directly through fake accounts, payment fraud, or account takeovers.

It’s important to help educate clients about verifying payment requests and only contact organizations through official channels.

Student Loan Scams: Preying on Financial Stress

Student loan-related fraud jumped by almost 500% in 2024 compared to the previous year. With the resumption of student loan payments post-pandemic, scammers used confusion and misinformation to launch fake forgiveness programs, phishing emails, and identity theft scams.

What This Means for Businesses: Fraudsters exploit communications to steal data, pretending to be businesses and using corporate logos to mimic real businesses.

Businesses can help educate clients about known scams and how to verify communication to help avoid these scams.

The Comeback of Physical Document Theft

While digital threats are rising, physical document theft saw a 46% increase last year compared to the previous year. Scammers are stealing documents from mailboxes and dumpsters for utility bills, credit card offers, tax forms, and other documents that can be used for identity theft or account fraud.

What This Means for Businesses: If your business sends sensitive documents by mail or handles client paperwork, your clients are at risk. You can encourage clients to go paperless to help stop the theft of important physical documents.

It’s also important to train employees on safe document handling and disposal practices, including the shredding of documents with sensitive client data.

Click here to download the report.

The Rise of AI-Powered Scams

From deepfake videos to AI-generated phishing emails and automated robocalls, criminals are using advancing technology to scale and personalize their attacks. Deepfake videos can impersonate loved ones, celebrities, and politicians. AI-powered phishing emails can be customized to online behavior. Robo-scammers can use cloned voices and chatbots to steal personal data.

What This Means for Businesses: AI scams are sophisticated, and they can be targeting your business and your clients. Make sure clients know the importance of contacting your business through official channels. Conducting AI threat and cybersecurity awareness training for your staff also is an essential part of protecting businesses and clients.

Proactive Identity & Credit Monitoring Is Essential

Across all fraud types, the IdentityIQ report highlights a common theme: the importance of identity and credit monitoring. Early detection through continuous monitoring of financial and identity information can help significantly reduces the potential impact and cost of fraud.

Business owners are in a unique position to help protect themselves and their clients.

Businesses can implement cybersecurity training and best practices as well be proactive in preparing for a data breach. IDIQ offers comprehensive data breach protection services that can help businesses proactively prepare for cyber threats and data breaches.

Learn more about data breach protection with IDIQ.

Partnering with IDIQ also offers businesses the opportunity to extend our industry-leading services to their clients, including identity theft protection, credit monitoring, and more. These services can be a powerful value-add that not only enhances client trust but can reduce bring in commission.

Partner with IDIQ today.

Bottom Line

Fraud isn’t just a consumer issue – it can negatively affect businesses and their clients. Staying informed and vigilant is the first step to helping prevent fraud. Business owners who are prepared can set themselves apart.

From a data breach response plan to helping restore customer trust through identity and credit monitoring, IDIQ can help protect your business and your customers in the event of a data breach and fraud. Get started today to protect your business and clients.

Millions of renters in the United States face a common financial hurdle that their on-time rent payments do not contribute to their credit scores, unlike homeowners whose mortgage payments directly affect their credit scores.  

This lack of credit tradeline can limit financial opportunities for renters, making it harder to secure loans, receive favorable interest rates, and qualify for mortgages. However, a legislative shift is underway with new legislation promoting financial inclusion with rent payment reporting. The 2025 Multi-Family Housing Legislation Insights Report explores how new policies, such as California’s Assembly Bill 2747 and Missouri’s House Bill 938, are making rent payment reporting a standard practice, promoting financial equity for millions. 

The Credit Gap: Why Rent Payment Reporting Matters 

For years, renters have been at a disadvantage in the credit system. While they often spend a majority of their income on housing, their responsible payment history has not been reflected in their credit profiles. According to an IDIQ study: 

• 80% of renters want their on-time rent payments included in their credit scores. 
• 95% of renters seek resources to help them build and manage their credit. 
• 75% of renters would consider rent payment reporting when choosing a rental property. 

Recognizing the need for financial inclusion, policymakers have begun enacting legislation that mandates landlords and property managers to offer rent payment reporting. This shift aims to provide renters with the same financial opportunities as homeowners. 

Key Legislative Changes in 2025 

1. California’s AB 2747: Rent Payment Reporting Becomes Law 

California has taken a major step in bridging the credit gap with AB 2747, which builds upon Senate Bill 1157. Effective Jan. 1, 2025, this law requires property managers and landlords with 15 or more rental units to offer rent payment reporting to the major credit bureaus. This allows tenants to build credit histories and improve their access to financial services and better loan terms.  

2. Missouri’s HB 938: A Push Toward Financial Inclusion 

While Missouri’s HB 938 is still awaiting legislative approval, it aims to mirror California’s approach. If passed, it requires landlords and property manager to offer rent payment reporting credit-building opportunities for renters. The proposed law would go into effect on Aug. 28, 2025, with compliance requirements for new leases starting Feb. 1, 2026. 

A Growing Trend 

As more states explore similar initiatives, rent payment reporting legislation enhances credit accessibility and financial inclusion while benefiting not only residents but landlords and property manager, credit bureaus, and financial institutions as well.  

Who Benefits from Rent Payment Reporting? 

The impact of these legislative changes provides the following benefits: 

• Renters: Gain access to improved credit scores, better loan terms, and increased financial stability. 
• Landlords & Property Managers: Benefit by attracting responsible tenants and building stronger tenant relationships. 
• Credit Bureaus: Gain more comprehensive financial data, which can result in more accurate credit scoring. 
• Financial Institutions: Expand lending opportunities to responsible renters with improved risk assessments. 

How IDIQ is Supporting This Movement 

Navigating new regulations can be complex, but IDIQ simplifies compliance through automated rent payment reporting solutions. As a trusted third-party data aggregator, IDIQ offers tools to help landlords, property managers, and renters seamlessly report rent payments to credit bureaus.  

Download the Full Report for In-Depth Insights 

New rent payment reporting legislation is bringing financial inclusion into the credit system, allowing renters to build credit and improve their financial well-being. To explore the full impact of these legislative changes and learn how IDIQ can help, download the full 2025 Multi-Family Housing Legislation Insights Report today. 

Download Now

The IDIQ® affiliate program is a rewarding way to earn commissions while promoting valuable solutions that support financial security and growth.

About IDIQ

At IDIQ, our mission is to empower individuals to take control of their financial and identity security. We are dedicated to strengthening long-term financial health by offering innovative tools and services tailored to diverse consumer needs.

Our solutions include credit monitoring, identity theft protection, and tools to help build and manage credit. Standout products such as IdentityIQ^®, MyScoreIQ^®, and CreditBuilderIQ^℠ collectively deliver comprehensive features such as 24/7 identity theft monitoring, credit scores and reports, and credit-building tools.

These services provide peace of mind and actionable insights to help users achieve their financial goals with confidence.

What is the IDIQ Affiliate Program?

The IDIQ affiliate program allows individuals and organizations – such as content creators, solopreneurs, marketers, and businesses – to earn commissions by promoting our financial intelligence products. It’s a simple and rewarding way to earn additional revenue while helping your audience or community secure their financial future.

Affiliates can earn up to $100 per qualified enrollment, with an average cost per acquisition (CPA) of $40 per qualified enrollment. You also benefit from a 60-day cookie tracking window, which helps make sure you get credit even if the person you referred needs time to make a decision. With net-30 payouts and no minimum earnings required for qualified partners, promoting IDIQ brands is a fast way to grow and diversify your income.*

Getting started is easy. Affiliates complete an application to set up their account, access high-converting marketing assets, and begin sharing affiliate links on websites, blogs, social media, or other platforms. Each referral generates a commission that is tracked in our affiliate management platform, where you can easily review your earnings.

IDIQ Brands You Can Promote as an Affiliate

As an IDIQ affiliate, you can promote a range of trusted brands tailored to specific financial needs.

• IdentityIQ: Provides industry-leading identity theft protection and credit monitoring, including credit reports and scores, real-time fraud alerts, and $1 million in identity theft insurance, underwritten by AIG.
• MyScoreIQ: Provides three-bureau FICO^® Scores and credit reports, real-time credit monitoring and alerts, and tools such as the FICO^® Score Simulator to help users understand and improve their credit
• CreditBuilderIQ: Features AI-driven credit analysis and insights, dispute tools including unlimited credit disputes with major bureaus, and smart software to simplify credit management

Advantages of the IDIQ Affiliate Program

The IDIQ affiliate program is designed to make earning easy and rewarding. Affiliates can earn generous commissions for each qualified enrollment with a straightforward and transparent payout structure — no guesswork involved. We provide high-converting marketing assets and support from a dedicated account manager to help you succeed.

With flexible earning options and a lineup of financial products that fit different audience needs, our program makes it simple to grow your income while promoting tools that help others.

IDIQ Affiliate Partners vs. B2B Partners

IDIQ offers two partnership models designed to meet the unique needs of different collaborators: the affiliate program and the B2B partnership program.

While both provide opportunities to promote financial tools from IDIQ, each program targets a specific audience and delivers distinct benefits.

Affiliate Program

The affiliate program is ideal for digital marketers, bloggers, influencers, content creators, and organizations with an engaged audience. Affiliates use tracked links to promote IDIQ products and earn commissions for every successful referral.

It’s a straightforward, performance-based model that’s perfect for individuals or businesses looking to monetize their platforms while providing valuable tools for financial security, credit monitoring, and identity protection.

B2B Partnership Program

The B2B partnership program is tailored for businesses that want to integrate services from IDIQ into their offerings. We offer a variety of solutions, including co-branded or white-labeled solutions for B2B partners to resell these tools under their own brand or offerings.

Here are the industries our B2B partnership program is optimized for:

• Credit Education
• Financial Institutions
• Business Lending
• Employee Benefits
• Multi-Family Housing
• Real Estate
• Mortgage
• Insurance
• Legal Services

This scalable model helps partners generate recurring income through our no-limit recurring commission structure while also helping build long-term customer loyalty through our product benefits such as credit score monitoring and alerts, educational materials, CRM integrations, and more.

Click here to learn more about becoming an IDIQ Partner.

Who Should Join the IDIQ Affiliate Program?

The IDIQ affiliate program is a great fit for bloggers, influencers, content creators, solopreneurs, educators, and organizations with an online presence focused on financial education or personal growth.

Financial security, credit monitoring, and identity protection are high-demand topics that resonate deeply with these audiences, making it a flexible and rewarding way to earn income while sharing reliable tools that help your audience protect their identity and achieve their financial goals.

How to Get Started

Joining the IDIQ affiliate program is quick and easy.

1. Sign Up
   • Complete the application to get started. Once approved, IDIQ will reach out to invite you to set up your affiliate account.
2. Promote Our Brands
   • Using the high-converting assets available on your affiliate account, you can start promoting our products and brands on your website, blog, social media, email campaigns, and more.
3. Earn Commissions
   • Each time one of your referrals becomes a member of one of our products, you will earn a commission.

Bottom Line

The IDIQ affiliate program offers a straightforward and lucrative way to earn income by promoting our financial solutions, which are trusted by more than 5 million members. With competitive payouts, flexible earning options, and high-converting marketing resources, our program equips you for success.

Whether you’re a digital marketer, content creator, or organization, the IDIQ affiliate program provides everything you need to grow your revenue while empowering your audience with the best tools for financial health.

Ready to start? Join the IDIQ affiliate program today and take the first step toward a rewarding partnership while helping others secure their financial futures.

*Terms and conditions apply. Full details available in our affiliate platform.