201-210 of 223 results
New APRA prudential standard raises bar for information security obligations and incident notification requirements
As companies and regulators across the world grapple with ever-increasing cyber security threats, Australia's financial services regulator, APRA, has released the final form of a new prudential standard, which imposes heigtened security obligations for APRA-regulated entities ...
A global snapshot of data breach class actions
While we are yet to see a successful data breach class action in Australia, data breach class actions have become all too real for many major companies overseas ...
The hack back: The legality of retaliatory hacking
In circumstances where government departments and law enforcement agencies are unable or unwilling to effectively respond to cybercrime, organisations are increasingly questioning whether or not they have or ought to have a a right to 'hack back' as an offensive retaliatory measure. ...
Data breaches in the healthcare sector: the reality, the costs and how to prevent them
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 ...
Dealing in data: cybersecurity in an M&A context
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 ...
Rethinking ‘natural’ history
Is there more than one reason to call a product ‘natural’? The FCAFC thinks so, overturning Justice Katzmann’s finding that it is misleading to describe a product as ‘natural’ if it is not made wholly or substantially from natural ingredients. ...
Vietnam issues a stringent new cybersecurity law
A new law in Vietnam enabling state control of cyber data will have wide-ranging implications for business costs and compliance The powers it gives to the Government are extensive and its coverage is unprecedented Partner Linh Bui and Associates Hien Nguyen and Khanh Nguyen report on the key issues ...
Backing up the backups - a practical guide to cyber insurance
The cyber insurance market in Australia is rapidly developing however key problems still remain. This guide explains cyber insurance – what it is, what it covers, common limits and exclusions – and how to work out whether cyber insurance is right for you ...
Unexpected risks of the IoT revolution: Cyber security in medical devices
In late August 2017 the US Food and Drug Administration recalled 465000 Abbott Laboratories pacemakers due to cyber security vulnerabilities Although this was the first time that the FDA had recalled a medical device because of cyber concerns they have been alive to the significant risk that a cyber ...
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 ...