How to prepare for Australia’s new data breach notification scheme
Australia’s forthcoming mandatory data breach notification will require closer collaboration between legal and IT departments across businesses in all industries.
A recent report by Palo Alto Networks, The State of Cybersecurity in Asia Pacific, shows that Australian organisations are likely to embrace mandatory breach reporting requirements.
It revealed that 79% of IT decision-makers agreed that reporting breaches to regulators should be mandatory, while 69% believe reporting of data breaches to regulators will help prevent cybercrime.
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- Read the latest issue of Business Chief, Australia edition, here
In light of these findings and the upcoming new requirements, Palo Alto Networks outlines six steps businesses IT and legal departments can take to prepare for the mandatory data breach notification scheme:
- Review the organisation’s data collection practices and policies, and ensure personal information is collected and stored only if necessary.
- Audit security risks to personal information held by the organisation and any held by third parties (such as cloud providers) on the organisation’s behalf.
- Consider how internal data-handling and data-breach policies should be updated to reflect the new requirements.
- Conduct table top exercises to test the effectiveness of the organisation’s incident response plan.
- Review steps in place to avoid data breaches (for example, physical security of laptops and papers, cybersecurity strategies, or ways to reduce administrative errors).
- Review contract management and ensure due diligence on contractors’ policies and appropriate contractual terms, particularly in the areas of dealing with data breaches, IT security and personal information storage and collection.
Sean Duca Vice President and Chief Security Officer, APAC, Palo Alto Networks, commented: “Organisations need to make sure their IT, risk and legal teams work together to put a solid breach notification and communication plan in place. Such a plan can help avoid the associated PR disasters and possible litigation that may follow a breach. It could be the difference between retaining or losing clients and reputation.”
EDGEMATRIX and NTT DOCOMO deliver AI at the edge
Leading Japanese telecommunications firm NTT DOCOMO, together with startup EDGEMATRIX, is harnessing the power of 5G to support artificial intelligence-enabled video, real-time analytics and, ultimately, the next step in the evolution of the modern smart city.
Founded under the roof of Silicon Valley tech firm Cloudian, EDGEMATRIX has grown into a cutting edge startup based in Japan. NTT DOCOMO has been a shareholder in the company since 2019, having spent the past two years jointly developing and commercialising EDGEMATRIX's revolutionary edge-AI platform using high-speed, high-capacity, low-latency 5G technology. NTT DOCOMO, together with EDGEMATRIX, launched a world-first edge AI platform for intelligent video analytics, enabling high resolution, high security, and real-time video using AI.
Courtesy of EDGEMATRIX
The platform simplifies, manages and oversees the implementation and integration of AI at the edge, which captures, analyses and stores video close to where it is captured in industrial and retail settings, "on location at factories, buildings and other outdoor and indoor locations." The solution is also used in social infrastructure such as roads, railroads, and long-term care facilities for safety monitoring and anomaly detection.
Using Edge AI Box, a compact indoor and outdoor device equipped with a GPU for deep learning-based AI and a communication module (WiFi/LTE/5G) together with various interfaces such as camera connection, it becomes possible to process video streaming from surveillance cameras on-site (at the edge) and in real-time. EDGEMATRIX's Edge AI Boxes can be installed across a site and then monitored using the company's platform. The platform maps the locations of multiple Edge AI Box devices installed on site, monitors their operational status and enables the devices to be controlled remotely.
EDGEMATRIX's customers can use the platform to pruchase additional AI applications from a rapidly-expanding ecosystem which allow them to implement the right solution for the right situation. This simplifies the implementation and upgrade of edge AI for processing and storing video data captured with video cameras at customer premises either outdoor or indoor. Using "Edge View" feature, it is also possible to simultaneously display on the browser a large number of AI-processed real-time videos from the field.
Partnerships like this are key to NTT DOCOMO’s efforts to integrate 5G technologies into the modern enterprise.
Zaif Siddiqi, Executive Director and Global Head of NTT DOCOMO’s 5G & IoT Business Department, comments: “When you're approaching digital transformation, there's more to it than just leveraging cutting edge technologies into new customer experiences.” Unless the needs of the customer, and the underlying market forces at play, can be truly understood, “5G doesn’t mean anything,” he explains, adding that in order to find the right contexts for deployment, “Selection of the right partners is extremely important to delivering on the potential value of 5G.”