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Would you like financial services with your social network? Facebook consortium to launch new cryptocurrency
Insight 09 Jul 2019

In a bold new play, a consortium led by social media giant Facebook has announced plans to enter the financial services sector through the launch of a cryptocurrency called Libra. Both a currency and a blockchain backed payment system, the ...

Final APRA Guidance on Information Security released – are you prepared?
Insight 27 Jun 2019

APRA has released the updated final version of its Prudential Practice Guide, which gives crucial context about how it views cybersecurity threats, and clarifies some of the steps that should be taken now relating to board oversight, information security controls and notification of information security incidents. Partner Valeska Bloch and Associate Claudia Hall report. ...

Yahoo continues to pay the price for its 2014 data breach
Insight 17 Oct 2018

Yahoo has recently come under fire from both the United States Securities and Exchange Commission (US SEC) and the United Kingdom Information Commissioner's Office (UK ICO) for delays in the disclosure of its 2014 data breach to investors, ...

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. What's more, it is the only sector that has a higher rate of data breaches caused by internal factors such as employee carelessness ...

A global snapshot of data breach class actions
Insight 17 Oct 2018

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. This article takes a look at some o ...

Where are all the data breach class actions in Australia?
Insight 17 Oct 2018

Class actions arising out of data breaches have been common in the US for some time, but in Australia, we're yet to see a plaintiff bring such an action successfully. In some ways this is ...

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 M&A ...

The hack back: The legality of retaliatory hacking
Insight 17 Oct 2018

Today, the cyber battlefield is just as important as the physical one. However, in circumstances where government departments and law enforcement agencies are unable or unwilling to effectively ...

Risky business - remedies and enforcement powers for CDR breaches
Insight 10 Sep 2018

As part of the new Consumer Data Right (CDR) framework, a new regime of offences, remedies and enforcement powers will be implemented. The Australian Competition and Consumer Commission (ACCC) will have primary oversight for the ...

Show me the data! Introducing the Consumer Data Right
Insight 10 Sep 2018

On 15 August, the Federal Government released exposure draft legislation that, if passed, will establish an 'economy-wide consumer-directed data transfer system'. The latest sprint in a marathon of reviews, reports and recommendations over ...

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