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It’s like a phoenix rising from the ashes; after a cyber attack, apac brands can rise above the adversity and use it as an opportunity to become even stronger.
APAC businesses have had to face the harsh reality of cyber security breaches, but there are success stories of companies that have been able to rise above the adversity and demonstrate fortitude in the wake of cyber attacks. Examples include Cathay Pacific, True Corporation, Singtel and Medibank, who all responded to the breaches with swift action and forward-looking investments. NIC Asia Bank also responded to a cyber attack with great success by alerting Nepal’s central bank and engaging KPMG India for a comprehensive digital forensic review.
Bullet Points:
• Swift actions and forward-looking investments have allowed APAC brands to rise above adversity and demonstrate fortitude in the wake of serious cyber attacks
• Examples of successful responses to cyber attacks include Cathay Pacific, True Corporation, Singtel, Medibank and NIC Asia Bank
• These companies have taken measures such as enhancing security, cooperating with authorities, providing credit monitoring services, replacing compromised identification documents, and engaging external reviews