Security is a hot topic, and is set to continue with the number of daily ransomware attacks increasing by 300% from last year.
Most people are starting to realize that there are only two different types of companies in the world: those that have been breached and know it and those that have been breached and don’t know it. – Ted Schlein, Venture Capitalist at Kleiner Perkins Caufield & Byer
We have seen that many companies are unprepared to face the security threats of today, and this is a daunting prospect considering the changes around breach reporting coming into effect on February 22nd 2018.
The changes to The Privacy Amendment ACT require all businesses, including government agencies, not-for-profit organisations, credit reporting bodies and health service providers to notify any affected individuals and the Information Commissioner when they believe an eligible data breach has occurred. These changes will only apply to breaches that occur on, or after, February 22nd 2018 and increase the accountability for breaches.
How will the new laws affect you?
From this date your organisation will have to report these eligible data breaches to avoid possible media exposure and impact to business, not to mention the massive fines of up to $2.1 million.
Let’s get your organisation secured and ready for the future
In a comprehensive series of workshops, Dilignet will demonstrate how to improve your data security posture to ensure your organisation is protecting user privacy and restricting both un-intentional and deliberate data breaches.
To get a head start to comply with the new law, please register for an obligation free assessment below.
If you are interested in further information the website for The Office of the Australian Information Commissioner is a great place to start or Watch an explanation of the changes below. Note, the dates have been updated since the video was released.