ANALYSIS The Federal Government needs to take a serious look at beefing up its law on data breaches considering the way in which companies refuse to divulge whether their clients data is at risk, with a prime case being Australian money management firm MyBudget.
One year since the Australian Government put in place a data breach notification law, the only visible change is that the workload of the Office of the Australian Information Commissioner has increased - it has to issue quarterly breach list, But nobody is any the wiser as to how the man in the street is affected by the various breaches that are reported periodically.
If human resources outfit PageUp People's chief executive and co-founder Karen Cariss is to be believed, then whoever it was that breached the company's networks and encountered a very tasty mass of data, left it completely untouched. If only all hackers were as benevolent!
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