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Right here, right now; the CDR regime is live
Insight 02 Aug 2019

The Federal Government has finally passed the Treasury Laws Amendment (Consumer Data Right) Act 2019 (the CDR Act ) through Parliament. This follows the Government's first attempt to introduce draf ...

ACCC calls for significant reforms in Digital Platforms Inquiry Final Report (Part II): A platform for sweeping privacy reform
Insight 31 Jul 2019

This is the second of a two-part series in which we consider the ACCC's findings and recommendations in the final report of the Digital Platforms Inquiry. In this article, we unpack the ACCC's ...

ASIC's proposed market integrity rules for technological and operational resilience could impose far-reaching obligations
Insight 23 Jul 2019

ASIC has released Consultation Paper 314 - Market integrity rules for technological and operational resilience ( Consultation Paper ). If introduced, these rules will require that market participan ...

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 a ...

Final APRA Guidance on Information Security (CPG 234) 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 ...

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 ...

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 ...

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 ...

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 ...

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