cl-au logo
Story image

How data security could help you avoid NDB breach reporting

26 Mar 2018

Australia’s Privacy Amendment Act (Notifiable Data Breaches) Act 2017 scheme rolled out on February 22 and Europe’s GDPR is just a couple of months away on May 25.

It’s likely that the number of reported data breaches will increase this year as customers’ data security becomes one of the most important developments of the 21st century.

Organisations that lose customers’ financial and sensitive data as a result of breaches are likely to lose 67% of their customer base, according to Gemalto's 2017 Data Breaches and Customer Loyalty report. To keep that loyalty, organisations must demonstrate that they are actively protecting their customer data.

Australian public sector agencies, health service providers, private sector firms with an annual turnover of more than $3 million, some small business and non-government organisations must comply with the Privacy Amendment (NDB) Act.

But not all data breaches require notification if certain data security methods have been put in place.

When appropriate security controls like data encryption and centralised key management are part of those security methods, and customer data is kept safe, organisations don’t need to notify customers.

Courtesy of Gemalto, the NDB has been stripped back to the facts you need to know.

  • What is the Australian Privacy Amendment (Notifiable Data Breaches) Act 2017?
  • Why was it created?
  • What does your organisation need to do to comply?

If you don't find the answers soon, you may face substantial penalties including fines, lost customers and increased risk of future data breaches.

Story image
Fast track your digital transformation with dynamic security services from Fortinet
Jon McGettigan, Fortinet A/NZ Regional Director, explains how enterprises can speed up their network service delivery programmes by embracing Fortinet’s dynamic security services.More
Story image
Vectra and Exclusive Networks sign partnership to integrate NDR tech
Vectra, which leverages network detection and response (NDR) technology, will integrate into Exclusive Networks’ current EDR and SIEM offerings, reducing the chance that attackers can operate on a network and achieve what they are trying to do.More
Story image
Fortinet SOARs to new heights of protection on the wings of AI & automation
Jon McGettigan, Fortinet A/NZ Regional Director, talks about SOAR (security orchestration, automation and response) and explains that effective SOAR starts with your security policy.More
Story image
Lenovo DCG releases agility-focused HCI and cloud solutions
Lenovo is addressing the rise of remote work by delivering an open platform of HCI solutions in partnership with Nutanix, Microsoft and VMWare.More
Story image
Fortinet’s ‘zero trust’ approach redefining security
Cornelius Mare, Fortinet A/NZ Director, Security Solutions, explains why taking a ‘zero trust network access’ approach to cybersecurity requires fully-integrated and comprehensive security services and policies.More
Story image
Work from home demand sees Australian PC market flourish
“The commercial market saw huge demand as businesses, government, and students all moved to working from home and online learning."More