Tag archives: Data Breach

Cloud cover: 5 tips to mitigate the risks of cloud computing services

In mid-2017, the Australian Bureau of Statistics revealed that almost a third of sampled businesses are using commercial cloud computing services.  This year, Gartner reported Australian businesses will spend $4.6 billion on cloud services (an 18.5% increase from last year). Below we highlight some of the risks for businesses associated with the use of cloud … Continue reading

Mandatory Data Breach Notification – OAIC provides additional information

The Notifiable Data Breaches scheme (NDB scheme) takes effect in Australia in less than a month – organisations must comply with the scheme from 22 February 2018. In preparation for the introduction of the NDB scheme, the Office of the Australian Information Commissioner (OAIC) has provided an update and published its fact sheets in final … Continue reading

What Australia’s new data breach notification law means for privacy and serious harm

Despite unprecedented levels of privacy breaches and ongoing debate, there is still no statutory regime or binding common law in Australia that establishes a cause of action for breach of privacy.  However, the upcoming introduction of the mandatory data breach notification law, the Privacy Amendment (Notifiable Data Breaches) Act 2017 – which takes effect on … Continue reading

What makes the transport industry so vulnerable to cyber-attacks?

Danish shipping giant Maersk has reported that the recent cyberattack which shut down its computer systems has cost a massive USD200-300 million in lost revenue, due to business interruption. Maersk is one of the world’s top two shipping lines, holding approximately 18% of the global container trade market. The ‘Petya’ / ‘NotPetya’ cyber-attack hit Maersk … Continue reading

First ‘WannaCry’ and now ‘Petya’ – Just another day in the office (unless you have been impacted)

Just when we thought we had seen the back of ‘WannaCry’, on 28 June 2017 news broke of yet another large scale ransomware outbreak spreading its way across networks throughout the globe. Although it is early days, this is what has been reported so far: The ransomware, known as ‘Petya’, was first reported in Ukraine … Continue reading

Cyber Security GLOBAL FAST FOUR – Friday 28th April 2017

In this article we give a wrap-up of four recent events in the cyber and data breach space, both locally and internationally. Australia-China cybersecurity agreement On 24 April 2017, the Government announced its plan to work alongside China towards enhancing cybersecurity cooperation between the two countries. The agreement follows a meeting between Prime Minister Turnbull … Continue reading

ASX100 Cyber Health Check Report: more work needed to improve resilience

The ASX has recently released the much anticipated report on the results of its 2016 Cyber Health Check Survey for ASX100 companies. The report seeks to provide Australian organisations with a baseline so that Boards can better understand how their peers are responding to the opportunities afforded by the digital economy and managing their exposure … Continue reading

Mandatory Data Breach Notification Bill passes Parliament – soon to become law

The long anticipated Privacy Amendment (Notifiable Data Breaches) Bill 2016 (Cth) (Bill) has passed through the Parliament and is soon to become law. First introduced into Parliament on 19 October 2016, the Bill was debated in the House of Representatives before being passed on 7 February 2017. Subsequently the Bill was debated in the Senate, … Continue reading

How to protect your business from cyber threats

Cyber-attacks pose the second largest risk to the economic prosperity of Australia’s major cities, according to a joint report by Lloyd’s and the University of Cambridge. Sydney is proportionately more exposed than New York, Los Angeles, Paris and London, with 17.51% of its total GDP vulnerable to cyber-attacks. To put it in perspective, the risk … Continue reading

2016 Mandatory Data Breach Notification Bill – latest update

After much anticipation, the Privacy Amendment (Notifiable Data Breaches) Bill 2016 (Cth) (Bill) was introduced into the Parliament on 19 October 2016.  If passed, organisations and Commonwealth government agencies subject to the Privacy Act 1988 (Cth) will be required to notify affected individuals and the Australian Privacy Commissioner of ‘eligible data breaches’.  This affects Commonwealth … Continue reading
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