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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 …
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 …
Cyber-ransoms are on the rise: What do you need to know?
‘Cyber-ransoms’ are on the rise, and with new cyber tactics and ways of working, the risks are increasing.KEY TAKEAWAYS A key question facing companies …
Beyond Brexit Legal Guide 2021
The UK formally left the EU on 31 January 2020 and the transition period ended on 31 December 2020. The UK and EU trade relationship is now governed by …
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 …
SFC releases FAQs simplifying compliance with electronic data storage requirements – But is it really as simple as it looks?
The Hong Kong Securities and Futures Commission (SFC) has released its long awaited FAQs regarding its 31 October 2019 circular on the use of external …
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 …
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 …
A new world of open data and cyber risks
For Australian firms facing a new consumer data regime and post-Covid homeworking, cyber risks must be at the heart of data strategyAs the world …
Unfolding privacy class actions in Australia
Claimants in Australia face a number of challenges to successfully bringing a privacy class action, including the absence of a clear cause of action and …
2019 Global Bank Review
The 2019 edition of our Global Bank Review: The Data Game, explores the rapid growth of data as one of the most significant developments in the banking …
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