Your 2024 corporate guide to cyber security and data breaches

Data breaches at high-profile organisations like Optus and Medibank can have devastating consequences on firms’ reputations and finances. The scale and sophistication of cyber-attacks are increasing globally. Hence, companies need to implement processes to deal with threats to client data. Recent breaches have led to a rise in cyberattack reporting, contributing to improved tech savviness. Organisations are recommended to consult resources from ACSC, OAIC, ASD and ASIC for guidance on data security and privacy.