Disclosure Laws in Australia - Article from SA Australia Newsletter

October 31st, 2007 Drazen Drazic Posted in Disclosure Laws, Risk Management, cyber crime, governance |

Disclosure Laws in Australia – Things to think about for your company…

We’ve talked a bit about the benefits and potential impact of Disclosure Laws coming into effect in Australia and New Zealand. We’re proud to say that Security-Assessment.com in New Zealand played a part in getting the NZ government to put this on the agenda over there, and we have pushed discussion and debate about the merits of such legislation here in Australia:
http://www.security-assessment.com/news_room/index.html

But what is the impact and how will this affect your company if/when it comes into existence here in Australia? This article is one of many that gives you a good overview of what disclosure laws may mean to you. Do keep in mind, that any legislation in Australia may differ to what is in place in the US and other parts of the world:
http://www.workforce.com/section/03/feature/24/27/11/index.html

From an IT Security practitioners perspective, we cannot just accept that such legislation will improve corporate security and make our jobs easier. It should in theory, but the potential exists for things to go the other way if not done right. We cover some of the potential issues here:

http://beastorbuddha.com/2007/08/14/more-on-disclosure-laws-in-australia/.

This is a topic that will gather momentum in 2008. I think not much happens during elections, and then soon after them, but it’s something that will happen.