4051-4057 of 4057 results
Risky business - remedies and enforcement powers for CDR breaches
As part of the new Consumer Data Right CDR framework a new regime of offences remedies and enforcement powers will be implemented The Australian Competition and Consumer Commission ACCC will have primary oversight for the enforcement of the regime though the OAIC will handle privacy complaints in ...
The devil in the detail - observations on the scope of CDR data and the new Privacy Safeguards
While the Consumer Data Right CDR regime is likely to benefit businesses by increasing access to greater consumer data and customers by increasing choice and competition the draft legislation leaves a lot of the details to be finalised at a later date primarily through the Australian Competition and ...
Top 10 things to know about the Consumer Data Right
This article lists our top 10 'need-to-know's about the proposed framework for the implementation of the Consumer Data Right, including how these key aspects are likely to play out in the banking sector and what it all means for Australian businesses going forward. ...
Dealing in data: cybersecurity in an M&A context
The cyber resilience of companies and their history of data breaches is increasingly having a significant impact on the headline price post-completion deal value and risk-allocation profile of MA transactions With the notifiable data-breach scheme and the GDPR taking effect earlier this year there ...
Breaking - Australian Government releases draft decryption legislation
The Australian Government has released draft legislation to provide national security and law enforcement agencies with means to access encrypted communications and devices The draft legislation aims to respond to the increasingly widespread use of encryption by Australian consumers and the ...
Spotlight: Cyber breach at Target
There's a joke in the cyber security industry that there are two types of companies: those that know they have been hacked, and those that haven't yet found out. In November 2013, Target Corporation in the US learned this the hard way when it was told by law enforcement agencies that it had been sub ...
Directors' duties and cyber resilience
The Target data breach brought the liability of boards and directors in relation to cyber resilience into focus. Target's shareholders brought litigation against all of its directors, the chief financial officer and the chief information officer due to what was perceived as recklessness and disregar ...