Cyber-Threat Alert:
Does Your Business Follow the
Australian Privacy Act 1988?
Breach of privacy isn’t just about losing trust; it can also lead to significant financial penalties:
Corporations: Up to $2.1 million
Individuals: Up to $420,000
Stay Protected and Compliant.
In August 2023, the Australian Medical Association (AMA) was fined $50,000 by the OAIC for failing to protect its members' personal information following a data breach in 2022. The breach affected over 25,000 AMA members.
What is Cyber Security Compliance?
On an average about 205 cyber-attacks occur daily in Australia in 2023. That’s an attack every 7 minutes. Cyber Security Compliance are the regulated guidelines set by the Australian Government to protect your business. These rules safeguard data and saves you millions. However, 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 federal law that sets strict standards for handling personal data. It aims to protect individuals’ privacy by carefully regulating how their personal information is gathered, used, stored, and shared. This protection is achieved by abiding to the Australian Privacy Principles (APPs), a comprehensive set of guidelines that Business or Entities must follow.
Objectives of the Act:
1. Protecting individuals’ rights remains the main objective of this act.
2. While ensuring individual’s privacy is most important, the organisations should also operate efficiently.
3. Creating a uniform approach to privacy across the nation.
4. Encouraging organisations to be open about their data handling practices.
5. Ensuring that credit reporting respects individual’s 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.
Does the Privacy Act cover your business?
- Health Service Providers
- Trading in Personal Information
- Contractors under Commonwealth Contracts
- Operators of Residential Tenancy Databases
- Credit Reporting Bodies
- Reporting Entities for AML/CTF
- Employee Associations
- Protection Action Ballot Conductors
- Businesses Accredited Under the Consumer Data Right System
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 consequences:
- 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 lowers trust.
- Commissioner’s Determinations: Breaches can lead to orders for compensation or corrective actions to mitigate the harm done.
Binary S360 Plan for Construction 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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Network Vulnerability Scan
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Cyber Training
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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Network Vulnerability Scan
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Cyber Training
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Simulated Cyber Attack
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Cyber Insurance (Add-On)
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Essential 8 Compliance (Add-On)
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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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Network Vulnerability Scan
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Cyber Training
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Simulated Cyber Attack
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Protected Backup
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Threat Detection and Response
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Cyber Insurance (Add-On)
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Essential 8 Compliance (Add-On)
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Remediation (Add-On)
Also Claim Free Penetration testing for your Business and tighten your data Security. (worth $1200)
Is your business’s data security as tight as it could be?
Have you ever considered the hidden vulnerabilities lurking in your system?
Hackers have countless methods to get into your business systems, and something as simple as clicking a link in a phishing email could cost you thousands of dollars. Your database, devices, network, and entire system may be at risk.
We understand the importance of cybersecurity, and to help you identify and address these vulnerabilities, we’re offering a comprehensive Penetration Testing service for your business – absolutely free. This is a limited offer, typically valued at $1200, provided to help you strengthen your defences against cyber threats.
Claim your Free Penetration Testing today and ensure your business is protected!
Our Company
Solution Offered
- Cyber Training
- Vulnerability Scan
- Robust Email Filtering
- Protected Backup
- Essential 8 Compliance
- Threat Detection & Response
- Penetration Testing
- 24/7 Network Monitoring
- Dark Web Search
- Cyber Insurance
Sectors We Serve
- Education
- Finance
- Legal Sector
- Non-profit Organisations
- Technology
- Utilities Sector
- Healthcare
- Government
- Fintech
