Data Breaches and Cyber Attacks News Round-Up (2019)

Profile picture of cyber insurance broker John Catibog Written by John Catibog – Last Updated June 28, 2019

This list of data breaches in Australia and globally will increase your awareness of the emerging cyber risks to businesses.

Technology has created a global marketplace for every business.

If you’re a small business owner, you may believe that many of the stories that make headlines isn’t relevant to you.

However, consider that many data breaches in Australia are likely unreported because the Notifiable Data Breaches scheme (NDB) generally applies to businesses with an annual turnover of $3 million or more.

By staying informed, you will understand the dangers of cyber crime, the laws intended to protect privacy and what measures you can take to protect your business.

May 2019

Viewpoint: A classic example of insider threat sabotaging a business.

Viewpoint: Change your passwords for your Canva account and other online accounts where you likely used the same login details

Viewpoint: Sometimes the cyber threat could be inside your company already.

Viewpoint: In the year since mandatory data breach reporting was introduced, malicious attacks and human error are the main cause for reported breaches.

Viewpoint: It’s important to know how long your business interruption loss of income covers your business.  Damages of a data breach can continue long after the breach has been contained.  The Landmark White breach was known to management as early as mid- 2017 and look at the impact today.

Viewpoint: Data loss and theft will continue to be a prevalent threat throughout 2019 and beyond, yet 66 per cent of Australian organisations do not have the capability to respond and recover from cyber security incidents.

April 2019

*** Indagard was featured by News Corp Australia as a cyber security expert for our tips on staying safe online ***

Viewpoint: a detailed, first hand account from a small business owner how disruptive and stressful it will be to have your website hacked.

Viewpoint: More political influence such as this will change the public awareness on the cyber security threats.

Viewpoint: Lots of tips for accounting firms that will help improve their cyber security and prevent data breaches.

Viewpoint: Empowering people at a young age with the skills and knowledge to use technology purposely and safely can impact societal stability.