Volume: 3 Issue: 2
(February 2017)
Keywords:
australias
new
mandatory
data
breach
notification
scheme
recent
months
might
seen
particularly
noteworthy
history
cyber
security
sector
cyber
security
Options:
Recent months might be seen as particularly noteworthy in the history of the cyber security sector - and of cyber security awareness in general - in Australia, with the Australian Red Cross data breach, reported in October 2016, reportedly the largest in Australian history, and now, in February 2017, the introduction of a mandatory data breach notification scheme through the passage of the country’s Privacy Amendment (Notification of Serious Data Breaches) Bill 2015. Paul Kallenbach, Veronica Scott and Leah Mooney of MinterEllison discuss the scheme, as well as the continued evolution of Australia’s cyber insurance market in the context of gathering awareness of cyber security issues in Australia.