In this special interview with Toan Trinh, Fortinet’s Consulting Systems Engineer for Australia and New Zealand, we deep dive into Australia’s Notifiable Data Breach legislation, which takes effect as of February 22, 2018 and the correlation to the Fortinet Threat Landscape Report for Q3, 2017.
Toan has more than 10 years’ experience specialising in the network security space delivering cyber-resilient solutions to organisations. Toan’s key focus is advanced threats and artificial intelligence to ensure organisations are enabled while ensuring their data is secure.
With Malware, Botnets and Exploits increasingly being deployed by cyber criminals, using sophisticated automation techniques, the Mandatory Notifiable Data Breach legislation puts the onus on companies which are subject to the Privacy Act or with more than $3 million in turn over to report within 30 days, when personal identifying information is lost, stolen or compromised. This legislation also correlates to the European Union’s General Data Protection Regulations which also take effect in May, 2018.
With cyber threats continuing to challenge business to maintain good cybersecurity hygiene, the introduction of mandatory data breach notification legislation should be seen as an opportunity to engage with the Board, Executive and as well as the broader community to raise awareness about cyber security and the protection of personal identifying information.