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Demystifying Australia's recent Security of Critical Infrastructure Act reforms
Recent amendments to the Security of Critical Infrastructure Act 2018 (“the Act”) constitute some of the most significant cybersecurity reforms in …
The devil is in the detail: Federal Court of Australia rejects insurance claim for ransomware attack
Like all forms of insurance, the cover actually provided by policies which might be thought to cover losses arising from ‘cyber risk’ depends on the …
AUSTRALIAN REGULATOR WINS CASE AGAINST FINANCIAL SERVICES LICENSEE FOR INADEQUATE MANAGEMENT OF CYBER RISKS
For the first time in Australia, the Federal Court has found that a failure to adequately manage cybersecurity risks constitutes a breach of general …
Online Privacy Bill and Privacy Act Discussion Paper: Increased Enforcement Risk and Regulatory Change
As explored in our earlier briefing article, the recent release of the exposure draft of the Privacy Legislation Amendment (Enhancing Online Privacy and …
FSR Outlook 2022: Anticipating change, being prepared
Our Financial Services Regulatory (FSR) team surveys the regulatory landscape for 2022 and identifies themes that we expect to be at the core of …
Parliamentary intelligence body backs two-step adoption for Australia's new critical infrastructure bill
On 29 September, the Parliamentary Joint Committee on Intelligence and Security (PJCIS) published its advisory report on the Security Legislation …
Bills, Parliamentary reviews, industry consultations… the Australian cyber regulation maze is about to become even more complex
On 13 July, the Government published a discussion paper on potential reforms to make Australia more resilient to cyber security trends. The Government …
Balancing Risks and Opportunities: Data Governance in Australia
Data has become the heartbeat of every business in today’s digital world. It is the key to knowing your customers, remaining competitive and succeeding …
Securing Australia’s critical infrastructure: Government reforms will leave no sector untouched, but questions remain
On 9 November 2020, the Department of Home Affairs released the Exposure Draft of the Security Legislation Amendment (Critical Infrastructure) Bill 2020 …
Future Cities series: Forging data security for tomorrow
If modern cities have never been more reliant on computers, they've also never been more exposed to cyber threats. Our latest Future Cities commentary …
Consumer Data Right: Increased role for intermediaries
The Competition and Consumer (Consumer Data Right) Rules 2020 (the Rules) were recently amended to allow accredited third party service providers to …
ASIC enforcement action signals increasing regulatory scrutiny of data and cyber security practices
ASIC has recently entered the fray on obligations of financial services providers to manage cyber risk, commencing proceedings against RI Advice …
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