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

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Australia US

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Australia’s new mandatory data breach notification scheme

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.