By Alan Hartstein
ACSM Correspondent
Sydney’s latest Cyber Security Meetup not only drew a record crowd but was largely successful in demystifying the complex issues of data breach and incident response to an eclectic audience of lawyers, tech-heads and crypto and blockchain enthusiasts.
The three speakers all offered personal insights into the increasingly globalised world of data connectivity and how breaches affect everyone from multinationals to anyone with a MyHealth record or a Facebook account.
First up was Olga Ganopolsky, General Counsel, Privacy and Data, at Macquarie Group, who is responsible for all of the 28 jurisdictions Macquarie operates in. With her extensive knowledge of the data and privacy space, she was able to provide valuable insights into how lawyers view the issue in an international context and the current shape of data breach regulation globally.
“Data breaches take everyone out of their comfort zones, including lawyers,” she says. “If data is global, the question then becomes how relevant are local laws?”
While some global frameworks have already taken shape, such as the European Union’s General Data Protection Regulation which came into effect in February this year, there was still a spectacular lack of uniformity for reporting and policing data breaches, Ganopolsky says.
In the EU, for example, organisations are obliged to notify authorities within 72 hours of a data breach, while in the US the laws change from state to state and New York actually has three separate regulators responsible for data breach…Click here to read full article.
