Cyber/Management Liability Insurance Needs

WARNING: The Australian Parliament enacted the Privacy Amendment (Notifiable Data Breaches) Bill 2016. Amongst many things, it means: For any data breach, all relevant organisations must: Report the data breach to the Government’s Privacy Commissioner; and Notify all affected customers. Penalties for non-disclosure range from $360k for responsible individuals to $1.8m for organisations. This new … Continue reading Cyber/Management Liability Insurance Needs