It’s been a long time coming, but the mandatory breach notification laws will be in force in Australia next February (Privacy Amendment (Notifiable Data Breaches) Act 2017). Having seen similar regulations in effect in North America, and with the knowledge that they’re also coming to Europe next year in the form of the EU GDPR, it is impossible for any business to ignore the issue of data security. Organizational change is necessary across the globe.
I was recently in Australia, and the new legislation was a very hot topic in meetings with both existing partners and new customers, bringing up a multitude of questions. From a general perspective, it’s fantastic that more and more organizations are wising up to security (and there are countless surveys to back this up), but from our experience, most seem to be struggling with the myriad of different ways to protect their data and the persistent threat of breaches.