OAIC Data Breaches Update September 2024

OAIC Data Breaches Update September 2024

The Office of the Australian Information Commissioner has this week released their Data Breach report for first half of 2024 (available here).

OAIC Data Breaches 2024 Report – Click Here

Here are some highlights:

Notifiable data breaches are up, again, this time by 9%.

This increase is on top of the massive 19% rise in notifiable data breaches reported in the second half of 2023. In addition, attacks are becoming more targeted and sophisticated.[/vc_column_text]

Phishing is again the leading single cause of breaches.

While cyber defences are critical, their efficacy is limited when people are scammed into providing usernames, passwords and 2FA codes. For this reason, it really is critical to understand what PI your organisation holds and clean it up before an attacker can get their hands on it.

Top 5 sectors to notify.

The education sector is now in the top five, with health services leading the way with a frightening 102 data breaches in the first half of 2024 – that’s 17 breaches per month!

‘The Human Factor’.

The OAIC has specifically called out that externally facing cyber defences are only one part of the equation. Organisations must mature their information management capabilities, especially around creating, using, storing, and sharing Personal Information (PI).

InfoCentric are experts in mature information management.

Talk to us today about how we can help develop a holistic approach using people, process, and technology elements to significantly reduce your information risk profile.

 

Learn More:

Infosure Remediation for Unstructured PII Data

Sensitive (PII) Data Scanning: Why is it important?

Video: Anatomy of a Sensitive Data Breach

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