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APRA information paper targets shared computing arrangements
Insight 17 Jul 2015

In response to its concerns about the potential risks associated with shared computing services including cloud computing APRA has issued an information paper that sets out prudential considerations and key principles for APRA-regulated entities using such services Partner Michael Morris Senior ...

Mandatory data breach notification scheme passed
Insight 13 Feb 2017

The Federal Parliament has today passed the Privacy Amendment Notifiable Data Breaches Bill 2016 which will amend the Privacy Act 1988 Cth to introduce a mandatory data breach notification scheme ...

The High Court has its say on penalties
Insight 09 Aug 2016

The high court handed down its decision in Paciocco v Australia and New Zealand banking group limited. ...

Dealing in data: cybersecurity in an M&A context
Insight 17 Oct 2018

The cyber resilience of companies and their history of data breaches is increasingly having a significant impact on the headline price post-completion deal value and risk-allocation profile of MA transactions With the notifiable data-breach scheme and the GDPR taking effect earlier this year there ...

Competition news
Insight 30 May 2018

In Touch looks at what's been happening in Competition this month and what it means for your business ...

Data breaches in the healthcare sector: the reality, the costs and how to prevent them
Insight 17 Oct 2018

Data breaches are disproportionately common in the health sector Whats more it is the only sector that has a higher rate of data breaches caused by internal factors such as employee carelessness or misbehaviour than by external threats Health sector data breaches are enabled it seems by the ...

The ramifications of a Facebook rant
Insight 22 May 2014

The Full Court of the Federal Court recently handed down its decisions on an appeal that highlights the dangers of making unsubstantiated social media comments Partner Miriam Stiel and Lawyer Tracy Lu report on a long-running dispute where the court found personal Facebook posts constituted ...

Federal Government passes wide-ranging data retention laws
Insight 08 Apr 2015

Telecommunications and internet service providers will incur significant new compliance costs under the Federal Government's controversial new data retention laws. ...

Bank technology failures: A new frontier for regulatory intervention?
Insight 03 Dec 2014

The UKs regulatory authorities have imposed the largest ever fines in Europe for technology failures in the financial services industry following a serious IT incident affecting more than 65 million customers in the UK It should serve as a cautionary tale for Australian financial institutions ...

On the international stage: Australia and the EU launch cyber security plans
Insight 16 Oct 2017

In recent weeks, both Australia and the EU have unveiled their plans to address cyber security in an era of growing concern and uncertainty. On 13 September 2017, President of the European Commission, Jean-Claude Juncker, outlined the Union's intentions to intensify their efforts regarding cyber sec ...

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