Four of Australia’s security firms have questioned whether enough is being done to defend businesses and organisations against security attacks by cybercriminals in the wake of a report by the Office of the Australian Information Commissioner (OAIC) revealing malicious or criminal attacks dominated data breaches over a three month period to the end of June.
Australian businesses are failing to meet consumer expectations of protecting their personal information, with 45% of Australian consumers reportedly having been notified by a company or government agency that their personal information was lost or stolen because of data breaches.
The Australian Computer Society (ACS) believes the key benefits of new data breach laws will be preventive and the real impact will be to mobilise business and government.