Welcome to the fourth issue of our quarterly Digital Governance newsletter.
As we wave goodbye to Cyber Security Month, it is fair to say that cyber security had its biggest advertising from the published data breaches of numerous Australian companies.
Following the latest string of data breaches, we have prepared a quick list of steps you can take to protect your business in our article How to protect your company from a cyber attack.
We have included our usual roundup of recent digital governance news* and developments in Australia and around the world:
DIRECTOR DUTIES
Australian Institute of Company Directors
The AICD published Cyber Security Governance Principles to help directors ask questions of their company and IT frameworks to determine whether they are identifying and addressing cyber security risks which face their businesses. Following earlier comments in RI v ASIC about the obligations to manage cyber risks, we strongly recommend reading the AICD’s Governance Principles.
PRIVACY
Instagram fined €405m
Instagram has been fined for failing to comply with the GDPR. The specific findings of the EDPB are that Meta IE processed children’s personal data…