Cyber risk finally getting the attention it deserves

Cyber risk finally getting the attention it deserves: An overview of the Data Breach Notification Bill and the Government's new Cyber Security Strategy

The last few months have seen the Australian Government release both its long-awaited mandatory data breach notification bill and a brand-new Cyber Security Strategy. The dual release is a clear indication that cyber security opportunities and threats must be considered together and addressed proactively by all Australian businesses.

THE DATA BREACH NOTIFICATION BILL: AN OVERVIEW

Essentially, if passed, the Privacy Amendment (Notification of Serious Data Breaches) Bill 2015 will require private sector organisations and Federal government agencies to notify the Federal Privacy Commissioner and affected individuals of serious data breaches.