A common sense approach to cyber-security

Companies need to invest in cyber security to protect their brand and profitability – particularly as a single high-profile breach can cause irreparable damage to both.

Last month’s hacking attack against Telstra was the latest in a growing number of cyber-security threats faced by businesses of all sizes. The intrusion, which leaked the data of up to 35000 of Telstra’s customers, is by no means an isolated incident. According to Privacy Commissioner Timothy Pilgrim, Australia experienced more than one significant data breach a week last financial year, and the actual number could be double that or even more. Telstra itself is still recovering from another breach last December that exposed the data of around 60000 of its customers. What’s more, the majority of these incidents are easily avoidable.

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