Cybersecurity experts say the Qantas breach which has potentially compromised the data of 6-million customers serves as a wake-up call. Some are now calling for stronger repercussions including big fines for companies when breaches occur.
00:00What we haven't seen so far is any incentive for companies not to be breached.
00:07We've seen that credit card data is never stolen or very rarely stolen.
00:11Why is that?
00:12Why is the credit card data safe and yet our personal details?
00:15My birthday not safe.
00:16And that's because the companies have a big incentive to look after the credit card data.
00:21They don't have a big incentive to keep my birthday secret.
00:24So probably where the government could step in here is to incentivise companies to start
00:29to care about, you know, our data.
00:31Qantas has done a great job.
00:32They're well recognised for having good cyber security.
00:36It's just that you can't ever make it perfect.
00:39No matter how well you protect your house, a sufficiently determined criminal can break in and steal your assets.
00:45So the question really, I think, is probably more what assets should we be storing in our house, given that we can't be 100% sure someone might get in eventually.
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