New data breach laws introduced

Image of padlocks superimposed on cyber background of numbers and letters

Businesses and individuals must adapt to new mandatory data breach notifications from 22 February 2018.

After many years of trying, and 15 years behind the USA; Australia has finally introduced mandatory data breach notifications within 30 days of becoming aware of a breach.

The timing of this legislation could not have been better, with a 15% increase in incidents reported in the 2017 Australian Cyber Security Centre (ACSC) Threat Report.

The risk of cyber compromise to Australian businesses assessed as “high”.

The BMS Group has created an article on behalf of the DHAA that explores some of the key aspects of a data breach and some of the changes you should make in your business to prepare for the new law.

To find out the full details read more.
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