1-10 of 157 results
One cyber incident, many breaches: first civil penalty under the Privacy Act
The Federal Court has approved Australian Clinical Labs' settlement agreement with the Australian Information Commissioner (the Commissioner) to pay a $5.8 million penalty, and a contribution of $400, ...
Navigating the six key issues affecting data centre investment and operation
Data centre development is capital-intensive, requiring both debt and equity funding. This report explores emerging funding models, investor considerations across real estate and infrastructure, and the growing need for energy generation and grid capacity. ...
ASIC and APRA announce strategic priorities for 2025-26
Each year, ASIC and APRA release their Corporate Plans, which identify the regulators' strategic priorities and projects. They provide an insight into where ASIC and APRA will direct their resources a ...
Cyber enforcement in the spotlight again as ASIC pursues Fortnum Private Wealth
ASIC has commenced civil penalty proceedings against AFS licensee Fortnum Private Wealth Limited (Fortnum), alleging it failed to adequately manage cybersecurity risks across its network of authorised ...
Children’s privacy: what’s next for the upcoming OAIC code?
The second phase of the process run by the Office of the Australian Information Commissioner (OAIC) to develop a new Children's Online Privacy Code has commenced, with the release of an Issues Paper o ...
Data governance for directors: new guidance by AICD, Allens and Melbourne Business School
Data governance has become a critical issue for boards, requiring their active engagement and oversight. Without a robust data governance framework, AI governance, cybersecurity, operational resilienc ...
Mixed results in Medibank class action on privilege claims over investigation reports
A recent Federal Court decision has further highlighted the challenges of maintaining privilege claims over third-party investigation reports, particularly where those reports are—or become—relied on for non-legal purposes, including operational, regulatory, and public or investor relations. ...
Automotive sector outlook: what's driving recent trends
Whether it be consumer guarantees or vehicle emissions, the automotive sector continues to be highly regulated, and the target of scrutiny from regulators and private litigants alike. In this Insight, we reflect on some of the key issues facing the sector. ...
ASIC commences proceedings against FIIG for alleged cybersecurity failures
ASIC has announced it has commenced civil penalty proceedings against FIIG Securities Limited (FIIG) for allegedly failing over four years to protect itself and its clients from cybersecurity risks. ...
Key regulatory changes for the telecommunications sector: new SoCI rules incoming, and Telco Bill introduced into Parliament
Over the past few months, the Government has introduced a number of important reforms to the Australian telecommunications regulatory landscape. These reforms will have a significant impact on all carriers and many carriage service providers. ...