Ignore this game changer at your peril
Insurers have been developing policies under the cyber-security framework to address companies exposure to the risks under The Privacy Amendment ( Notifiable Data Breaches ) Bill 2016 which comes into effect on the 22nd of February 2018.
Whether or not insurance is appropriate, risk managers in every organisation should be considering their obligations, completing their risk assessments and making sure that the correct process and systems are in place.
Policies may cover losses that occur, but will never deliver the protection against reputation risk and the ‘snowball” effect that can occur when a breach is identified.
Penalties are significant, for individuals and companies, and the longer term impact can be financially crippling with resultant costs of business interruption, incident response, cascading third party claims and more.
Presenter: Dianne Gibert, Managing Director, Certex International
Dianne is the founder of the business. She has over 2 decades of experience as a management consultant across a range of industries, and over 15 years working in the recruitment industry as a quality, safety and compliance specialist. Dianne’s interest in compliance has lead her to draft a number of standards for service industries, including recruitment. She has a deep understanding of the issues facing employers and recruitment and related businesses in Australia and New Zealand today.
Dianne has a BCommerce, MBA, and is an Associate Fellow of AIM. She is a qualified lead auditor in the three most prominent ISO management standards, 9001 Quality, 4801 OHS, and 14001 Environmental Management. She regularly conducts training in and makes presentations on key compliance topics including quality, safety, privacy, business management and recruitment best practice.