Now that we’ve reached the end of this four-part series on Australia's new data breach notification laws, the only thing left to do is to tie it all together: which means getting started on building a better, stronger business that is better able to counter cybersecurity risks as much as possible.
TAGS: it strategy, it security, cyber security, disaster recovery planning, leadership, IT systems, legislation, business continuity planning, risk, notifiable data breaches scheme
Now that you're aware of what the data breach laws mean and how to protect your business, it's time to focus on arguably the most important cybersecurity task: developing a data breach response plan for when that terrible day finally arrives.
TAGS: it strategy, it security, cyber security, disaster recovery planning, leadership, IT systems, legislation, business continuity planning, risk, notifiable data breaches scheme
We've discussed what the notifiable data breach laws entail, why they exist, and why they'll be so important to both businesses and private citizens across the country moving forward. But to put it simply, no single mitigation strategy is guaranteed to A) apply to every type of business, or B) prevent every type of cybersecurity incident that you may encounter.
TAGS: it strategy, it security, cyber security, disaster recovery planning, leadership, IT systems, legislation, business continuity planning, risk, notifiable data breaches scheme
It's official: the February 22, 2018 deadline has come and gone and Australia's new data breach notification laws are now in full effect. If you still feel unsure about what these new laws entail, or if you were only scarcely aware that they existed in the first place, don't worry — it’s not too late to be informed.
TAGS: it strategy, it security, cyber security, disaster recovery planning, leadership, IT systems, legislation, business continuity planning, risk, notifiable data breaches scheme
Can You Survive a Cyber Attack?
There is a lot at stake with more cyber attacks targeting businesses and organisations.
As the new Data Breach Notification Legislation, or The Privacy Amendment Act of 2017, takes full effect tomorrow — 22 February 2018, stakeholders have been made more accountable with hefty fines for failure to report a data breach.
TAGS: it security, cyber security, disaster recovery planning, IT systems, infrastructure, legislation
Australia's new data breach legislation takes the form of The Privacy Amendment Act of 2017. It makes a small-yet-significant change to the Privacy Act of 1988 that will officially go into effect on February 22, 2018.
Understanding exactly what this new legislation is, and the potential consequences that it holds as a result of noncompliance, is essential to operating safely and securely in the digital age moving forward.
TAGS: it security, cyber security, legislation
According to one recent study, the average cost of a single data breach worldwide hit approximately $3.62 million in 2017. While this roughly represents a 10% decrease from the previous year, it's still the type of cost that most businesses cannot afford to contend with.
TAGS: cyber security, legislation, notifiable data breaches scheme
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