Make no mistake the Equifax Data Breach of about 143 million records (approx. 44% of US population) is one of the largest and ‘will be’ the most expensive data breach in the history. Equifax is one of the four largest American credit agencies alongside Experian, Trans Union and Innovis.

The data breach notification by Equifax should remind us that data breaches are inevitable and these breaches will continue to happen and make headlines.

However, the key message of this breach is the reporting firm took over 5 weeks to publicly disclose the data breach, which means that the personal information of 143 million people was exposed for over 2 months before they were made aware of the compromise.… [Keep reading] “Another day, another data breach”

Notifiable Data Breach Scheme starts on 22nd February 2018 — How well are you prepared?

Background

The focus on cyber security is rapidly increasing partly due to recent high-profile security breaches within major organisations and businesses. Evolving levels of sophistication, stealth, and reach of organised cyber-attacks requires more attention than ever before. Coupling cyber concerns with threats organisations face internally, cyber security now resides high on many corporate risk registers as a top concern for executives and business owners.… [Keep reading] “170 Days to Go…”