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ARTICLE · 05 MAY 2016

Are you ready for a cyber breach?

All companies should develop action plans for a cyber attack, from three perspectives — legal, operational and technical.

AustraliaPrivacy

In today's digital age, it's not just governments and military bodies that are susceptible to being hacked. On 1 March 2016, the White House announced that it was using cyber attacks to disrupt Islamic State communications and overload its networks.

Individuals can also be susceptible to cyber attacks. In March, digital protection company ESET discovered malware on Android phones that could steal an individual's banking details. It appears that the malware took over control of a phone when a customer tried to open a banking app. It would then re-direct the customer to a fake login screen that the customer could not exit until they entered their log-in details. Once these details were provided, those behind the malware were free to log into that customer's account and transfer money out of it.

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