Responding to the latest Australian Government OAIC Notifiable Data Breaches report, Scott Hesford provides comments on the importance of keeping credentials and login details secure following data in the report which finds that 59 per cent of cyber incidents reported in the period of July-December 2022 involved compromised or stolen credentials. Scott says that “Often stolen credentials have associated privileges beyond what is needed allowing attackers to inflict more damage — accessing sensitive data or installing malicious code, for example — than what they would be able to do if the privileges were removed or reduced.” He adds that companies need to form good password practices, avoiding the reuse of credentials and changing them regularly.
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