This session provides an overview of the Australian regulator’s expectations of regulated Australian financial services entities, including in relation to information and cybersecurity, a summary of the UK/European/Hong Kong and Singaporean regulatory positions which we expect to trickle down to Australia, some practical tips on approaches to regulatory investigations in the event of a critical systems failure (eg cyber or ransomware attack), and finishes with an overview of the trend towards targeted ransomware demands, and the legality of those payments in Australia.
The contents of this publication are for reference purposes only and may not be current as at the date of accessing this publication. They do not constitute legal advice and should not be relied upon as such. Specific legal advice about your specific circumstances should always be sought separately before taking any action based on this publication.
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