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The Big Contract Issue
FEB - MAR 2026
All businesses are vulnerable to cyber attack. Here’s a step by step guide of what to do if there’s been a data breach in your business.
Even with the best security measures, businesses may fall victim to cybercrime. By taking the right steps after a data breach, businesses can minimise the damage. Typically, you would have a detailed Data Breach Response Plan in place for such eventualities.
If your business has been breached, take these six actionable steps to respond:
Determine where the breach has taken place, track what files have been accessed and what actions cybercriminals have taken.
Call on your IT staff to manage cyberattacks like data breaches and to fix vulnerabilities.
“If you don’t have the capability in-house, find an organisation that can help,” says Ryan O’Kell, Head of Cyber Security (APAC) at Waterstons Australia.
“Incident response can be sticky, but the sooner you respond, the better.”
The exact steps to contain the breach will be determined by the nature of the breach and your business type. Determine which servers or accounts have been compromised and contain the breach immediately so that other systems and servers are not affected. However, save a copy or disk image of affected servers for legal reasons.
Identify those affected by the breach, such as customers, employees and third parties, and notify them. Communicate to customers how you plan to handle the breach and what actions are being taken.
When there is a data breach of personal and credit information, you must notify the Office of the Australian Information Commissioner (OAIC). You should also report it to ATO’s Client Identity Support Centre. Reach out to law enforcement authorities and notify your bank and insurer.
Minimise the impact of the breach on your business and customers. Ensure you have a recovery plan in place and that data backups are working.
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