221-230 of 252 results
Government proposes major changes to privacy law
The Federal Government has proposed radically increased financial penalties and new powers for the Office of the Australian Information Commissioner in the wake of increased scrutiny of social media platforms and a growing consensus that Australias privacy legislation has fallen behind global norms ...
ACCC calls for significant reforms in Digital Platforms Inquiry Final Report (Part II): A platform for sweeping privacy reform
The ACCC has called for significant reforms in Digital platforms to strengthen privacy protections for individuals and to improve transparency and accountability In data handling practices for both digital platforms and other organisations regulated by the Privacy Act 1998. ...
Trend Watch: beta testing – a new software procurement strategy?
Software company Palantir Technologies was recently announced as the US Army's choice to deploy a complex combat intelligence system valued at US$800 million. ...
Right here, right now; the CDR regime is live
The Consumer Data Right Act has been passed by Federal Parliament bringing with it significant changes for legal, risk and compliance teams operating in the finance, banking, energy and telco sectors ...
Fighting to protect Fintech innovations
The growth of financial services technology or Fintech as it is now called has exploded in recent years yet many of its creators dont realise that their innovations are patentable ...
ASIC announces fintech licensing exemptions
As part of its implementation of the regulatory sandbox for fintech companies ASIC is providing relief for certain fintech businesses from the obligation to hold an Australian financial services or Australian credit licence Relief may be available for up to 12 months and may be useful to businesses ...
Shakeup to EU data protection regulations - impact on Australian businesses
Australian businesses that offer goods and services to individuals within the European Union will be affected by new EU data protection regulations that offer the biggest shakeup to European privacy law for 20 years Partner Michael Park Senior Associate Alice Williams and Paralegals Phoebe St John ...
Directors' duties and cyber resilience
The Target data breach brought the liability of boards and directors in relation to cyber resilience into focus. Target's shareholders brought litigation against all of its directors, the chief financial officer and the chief information officer due to what was perceived as recklessness and disregar ...
In the Know: Cyber vernacular
The Department of Prime Minister and Cabinet has recently considered an early draft of a document defining a new 'cyber lexicon' at a roundtable hosted by Alastair MacGibbon, Special Adviser to the Prime Minister on Cyber Security. The document, titled 'Words Matter: Australia's Cyber Security Lexic ...
Incoming Notifiable Data Breaches Scheme
There is no current legal obligation under the Privacy Act to notify either the Privacy Commissioner or affected individuals where you suffer a data breach. However, mandatory data breach notification laws will take effect in Australia from 22 February 2018. ...