Page 8 - Security Legislation Amendment News Today

Directors must face cyber risks Boards and managers of the largest public firms will soon be held responsible for protecting customers and shareholders from cyber risks, at the same time threats from criminals and state actors escalate. Mar 11, 2021 – 12.00am Share A regulatory train labelled “cyber risk management” is barrelling towards hundreds of unsuspecting and ill-prepared directors of ASX top 200 companies. That’s one of the conclusions to be drawn from Chanticleer’s analysis o...

Law 'may not achieve objective without funding'.

After supporting the Australian News Media Bargaining Code, Microsoft has asked the federal government to stay out of its cyber attack response as this could complicate any attempt to mitigate hacking incidents in the country.According to the ...

Turns out Microsoft doesn't like the idea of the Australian government forcing it to install software or devices that would transmit its system data back to the government.

Government intervention would result in The Fog of War, further complicating any attempt to mitigate cyber attack response, the company said.

Richardson made dozens of recommendations for how such a new Act should work, and 203 recommendations in total. It took an entire year for the government to respond, in part due to the COVID-19 pandemics impact on business, but eventually, in its formal response of December 2020, it agreed that such a reform was needed. Indeed, the government agreed, or agreed in principle, to the vast majority of Richardsons unclassified recommendations. "The central area for reform is a new electronic surv...

Foreign Relations Bill set to increase federal government oversight of state and territory arrangements Last week, Australias Foreign Relations (State and Territory Arrangements) Bill 2020 ( Bill) passed both houses, bringing state and territory government arrangements with foreign territories within the domain of federal government oversight. The Bill is intended to ensure consistency between state and territory arrangements and the broader national interest by allowing the federal government ...

Would give the government the power to step in and directly assist businesses operating such assets in response to 'significant' cyber attacks.

Would give the government the power to step in and directly assist businesses operating such assets in response to 'significant' cyber attacks.

Image: APH Minister for Home Affairs Peter Dutton introduced the Security Legislation Amendment (Critical Infrastructure) Bill 2020 into Parliament on Thursday, labelling it as a significant step in the protection of critical infrastructure and essential services that Australians rely upon. "Critical Infrastructure underpins the delivery of goods and services that are essential to the Australian way of life, our nations wealth and prosperity,...