Does your Business Complies with the
Australian Privacy Act 1988?
Up to $2.1 million for corporations and up to $420,000 for individuals.
The education sector is the least secure; Phishing and social engineering are the main causes of cybersecurity incidents and breaches in the education sector, with 30% to 41% of users falling for phishing emails.
What is Cyber Security Compliance?
In today’s online world, we face many cyber risks. There is a cyber-attack every 7 min in Australia. Cyber Security Compliance helps businesses follow key safety rules set by the Australian Government. These rules protect data and helps Saving You 1000’s of Dollars. But figuring out which rules fit your business can be tricky and stressful for you.
What is the Australian Privacy Act 1988?
The Privacy Act 1988 is a pivotal federal legislation that sets stringent standards for handling personal data. It predominantly aims to uphold the privacy rights of individuals by meticulously regulating how their personal information is collected, used, stored, and shared. This protection is achieved by adhering to the Australian Privacy Principles (APPs), a comprehensive set of guidelines that entities must follow.
Objectives of the Act:
1. Protecting the rights of individuals remains the cornerstone of this act.
2. Ensuring that while individual privacy is paramount, entities can still operate efficiently.
3. Creating a uniform approach to privacy across the nation.
4. Encouraging organizations to be open about their data handling practices.
5. Ensuring that credit reporting respects individual privacy.
6. Enabling data exchange across borders while safeguarding individual privacy.
7. Providing a platform for individuals to voice their privacy concerns.
8. Strengthening Australia’s international stance on privacy.
Australia’s education industry holds the longest recovery time from cyberattacks, and even when recovering, just 2% of education institutions recovered all their encrypted data after paying a ransom.
Consequences of Non-Compliance
While the act serves as a protective shield, it also has teeth. Business failing to comply with the act’s provisions face severe repercussions:
- Investigations by the OAIC: The Office of the Australian Information Commissioner (OAIC) holds the authority to delve into potential breaches, either upon receiving a complaint or proactively.
- Hefty Civil Penalties: Serious or repeated breaches can attract fines up to $2.1 million for corporations and up to $420,000 for individuals.
- Claiming Compensation: Affected individuals have the right to seek compensation for both economic and non-economic losses.
- Reputational Damage: Beyond financial penalties, adverse media coverage can tarnish a business’s reputation and erode trust.
- Commissioner’s Determinations: Breaches can lead to orders for compensation or corrective actions to mitigate the harm done.
Binary S360 Plan for Education Sector
Standard
Security
Up to 5 users
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Phishing Simulation
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Robust Email Filtering
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24/7 Network Monitoring
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Cyber Training (One-Time)
Growth
Security
Up to 10 users
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Phishing Simulation
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Robust Email Filtering
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24/7 Network Monitoring
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Cyber Training
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Simulated Cyber Attack
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Remediation (Add-On)
Enterprise
Security
For more than 10+ users
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Phishing Simulation
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Robust Email Filtering
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24/7 Network Monitoring
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Cyber Training
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Simulated Cyber Attack
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Network Vulnerability Scan
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Protected Backup
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Threat Detection and Response
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Remediation (Add-On)
Our exclusive Cybersecurity Compliance Checklist we'll ensure you're on the right track for data protection!
Binary S360 For Total Protection
Enhance cybersecurity resilience through immersive phishing simulations and comprehensive security awareness training programs.
Shield your organization from cyberthreats confidently with our cutting-edge antivirus scanner, ensuring robust protection.
Binary Security Operation Center, is a centralized command center staffed by a team of highly skilled cybersecurity professionals.
Empower your cybersecurity posture with Binary Network Detective. Unleash its power to fortify network defenses confidently.
Stay ahead of Dark Web cyber threats with Binary Dark Web Search. Proactively monitor, detect, and protect your data.
Trust Binary Armour for advanced email security. Detect and quarantine suspicious emails, shielding your organization effectively.
Ensure uninterrupted operations with a robust BCDR strategy. Safeguard data, minimize downtime, and maximize resilience.
Binary EDR: Cost-effective, easy management, fatigue-free. Swiftly isolate infected hosts, terminate threats, and secure your business.