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Australia is renowned for having a very fertile securities class action and litigation funding environment (see here). Concern as to the frequency and severity of shareholder class actions is such that an Australian Law Reform Commission inquiry into shareholder class actions is currently underway. Unlike the emerging trend in the US, however, Australia is yet […]
The lack of cyber security professionals is felt more acutely in Australia than in other countries, according to a report by US think tank, the Center for Strategic and International Studies. via Australia hardest hit globally by cyber security skills shortage: report – CIO
Australian companies need to craft and implement data breach programs and they need to do it now lest they face increased risk of aggressive litigation, Jones Day warned. The warning comes as Australia is likely to require compulsory data breach reporting requirements this year. via Top firm warns Australian firms on lack of data breach […]
A UNSW review of Australia’s government cybersecurity policies has slammed a “relative lack of attention” to persistent policy gaps and shortcomings that it says have kept the country well behind its peers in areas such as education and training policies, and planning for security breaches causing critical-infrastructure disasters. via Australia’s cybersecurity maturity, infrastructure protections lag […]
Kmart Australia has called in the police to help get to the bottom of a significant security breach resulting in the exposure of customer details. The “external privacy breach” affected a number of customers who had shopped online with Kmart, the company announced in a statement Thursday. Names, email addresses, telephone numbers and billing addresses […]