Data breaches are something no company wants to have to face, however if the results of a recent member survey conducted by AISA are anything to go by, relatively few Australian companies have had to deal with data breaches over the last twelve months.
According to the survey, conducted earlier this year, most members had experienced less than five breaches, although this result is moderated by 12.5 percent of members surveyed reporting that they had experienced in excess of 25 data breaches.
Data breaches, and their disclosure, is vital to the cyber security industry, given the fact that the Senate in February passed the Notifiable Data Breaches Act. This Act, which comes into effect in February 2018, mandates that any organisation accountable under the Privacy Act must notify the Australian Information Commissioner and members of the public if data has been compromised.
Australian information security professionals are well ahead of the game when it comes to feeling that they have the right mix of support and expertise to deal with cyber security breaches. According to the AISA member survey, 76 percent of respondents indicated they had good support. However, this is balanced by the fact that one fifth, or 21 percent, said they did not have adequate internal or external support to deal with any breach they experienced.
The upcoming AISA Conference will focus around the theme of Collaboration, and the member survey clearly indicated that collaboration is a vexed issue for Australian security professionals. Respondents to the survey were evenly split on whether they had adequate collaboration between corporate departments to deal with cyber security issues. More significantly, the vast majority of those surveyed felt that collaboration between government and the private sector on cyber security issues was sorely lacking…Click HERE to read full article.