Data breaches the looming drain on brand trust

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  1. In 2012 then-FBI director Robert Mueller predicted there would only be two types of companies in the future "those that have been hacked and those that will be". In 95 days Australian companies will face the reality of Mr Mueller's warning when the true scale of cyber breaches will be made public under the federal government's Notifiable Data Breaches Act. Mandatory reporting of data breaches in Australia could mean a hit to the share price of any listed company just ask Yahoo, Target, Home Depot and Chipotle in the US.
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