81-90 of 171 results
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 ...
Final APRA Guidance on Information Security (CPG 234) released – are you prepared?
APRA has released the updated final version of its Prudential Practice Guide, which gives crucial context about how it views cybersecurity threats. ...
ACCC releases draft Consumer Data Right Rules for consultation
In preparation for the implementation of the first phase of the Consumer Data Right on 1 July 2019 the ACCC has released draft CDR Rules for consultation The draft rules detail how the CDR will function across all designated sectors in practice including how data is to be shared the criteria for ...
Government proposes major changes to privacy law
The Federal Government has proposed radically increased financial penalties and new powers for the Office of the Australian Information Commissioner in the wake of increased scrutiny of social media platforms and a growing consensus that Australias privacy legislation has fallen behind global norms ...
Trend Watch: What the top ten 2018 cybersecurity trends mean for your business
Last year was a big year for cybersecurity Organisations were forced to grapple with an increasingly complex regulatory environment as governments across the globe continued to navigate how to best protect personal information in the face of increasingly sophisticated cybersecurity threats We look ...
Controversial encryption legislation passed
The Governments highly controversial encryption legislation was hastily passed through Parliament last week making it the first legislation of its kind globally Partner Valeska Bloch and Paralegal Sophie Peach report ...
New APRA prudential standard raises bar for information security obligations and incident notification requirements
As companies and regulators across the world grapple with ever-increasing cyber security threats, Australia's financial services regulator, APRA, has released the final form of a new prudential standard, which imposes heigtened security obligations for APRA-regulated entities ...
The hack back: The legality of retaliatory hacking
In circumstances where government departments and law enforcement agencies are unable or unwilling to effectively respond to cybercrime, organisations are increasingly questioning whether or not they have or ought to have a a right to 'hack back' as an offensive retaliatory measure. ...
A global snapshot of data breach class actions
While we are yet to see a successful data breach class action in Australia, data breach class actions have become all too real for many major companies overseas ...
Where are all the data breach class actions in Australia?
Class actions arising out of data breaches have been common in the US for some time but in Australia were yet to see a plaintiff bring such an action successfully In some ways this is unsurprising Despite the fact that data breaches are now commonplace and that class action law firms are ...