The catastrophic data breaches that exposed millions of Australians’ personal information at Medibank and Optus revealed a fundamental flaw in how organisations protect data - one that even the best cybersecurity tools can’t fix.

Now an Australian start-up claims it has solved the problem that made those breaches so devastating, and the world’s leading insurance marketplace is backing the technology.

Tide Foundation has announced a partnership with Lloyd’s-backed underwriter Becco that will provide preferential insurance coverage to companies adopting technology designed to eliminate the “choke points” that turned the Medibank and Optus incidents from simple breaches into national crises.

The catastrophic data breaches that exposed millions of Australians’ personal information at Me

See Full Page