121-130 of 192 results
Worth the wait? Release of draft mandatory data breach notification laws
Following a period of industry consultation the Federal Government has introduced updated legislation that will introduce a mandatory data breach notification scheme The new Bill will amend the Privacy Act 1988 Cth when it comes into force and will apply to all Australian companies currently subject ...
Government rejigs electronic health records system with opt-out approach
The Federal Governments electronic health records system may have a new lease on life following the introduction of a new Bill that attempts to improve the systems effectiveness with key changes such as the transition to an opt-out approach Partner Ian McGill Senior Associate Phil OSullivan and ...
Would you like financial services with your social network? Facebook consortium to launch new cryptocurrency
In a bold new play, a consortium led by social media giant Facebook has announced plans to enter the financial services sector through the launch of a cryptocurrency called Libra. Both a currency and a blockchain backed payment system, the project could have a profound impact on the financial servic ...
Mandatory data breach notification scheme passed
The Federal Parliament has today passed the Privacy Amendment Notifiable Data Breaches Bill 2016 which will amend the Privacy Act 1988 Cth to introduce a mandatory data breach notification scheme ...
Hot off the press: Key takeaways from the OAIC's Data breach preparation and response guide
On Tuesday 20 February the Office of the Australian Information Commissioner OAIC published a comprehensive new guide to the Notifiable Data Breaches NDB Scheme The Data breach preparation and response guide consolidates information from the OAICs Data breach notification - A guide to handling ...
Ransomware: The year in review
Ransomware is big business as cyber criminals increasingly transition from a business model focused on the theft of data to one predicated on extortion Remarkably however the use of malicious software to elicit a financial benefit is not new with the first recorded outbreak of ransomware occurring ...
Should you pay a cyber criminal's ransom?
With ransomware attacks affecting six out of 10 Australian organisations1 businesses are being forced to decide whether to concede to the ransom demands of cyber criminals in order to regain access to critical data However with no guarantee that payment of a ransom will release their data businesses ...
NSW to bolster cyber security
The NSW Government has recently announced a new $11.4 million investment to address emerging technology challenges including cyber security. ...
Data deal - mandatory data breach notification laws to be introduced as trade-off for controversial metadata retention regime
The Federal Government in a surprising and highly significant move for companies in Australia has committed to enacting a mandatory data breach notification scheme before the end of 2015 which will apply to all Australian companies currently subject to the Privacy Act The proposal is not limited to ...
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 ...