Ongoing vigilance in data protection measures essential

Summary

The Office of the Australian Information Commissioner (OAIC) has released the Notifiable Data Breaches report, highlighting the importance of organizations having robust data security measures in place to protect personal information. The report shows a 16% decrease in data breaches compared to the previous period, but notes that cyber security incidents were the source of 42% of all breaches. The top three cyber-attack methods were ransomware, compromised or stolen credentials, and phishing. The report encourages organizations to have proactive procedures in place to minimize the risk of a data breach and to notify affected individuals promptly in the event of an incident. The OAIC also highlighted the need for organizations to be alert to the "mosaic effect"" and take steps to minimize the risk of a data breach.