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With the data breach notification laws that should become a reality in New Zealand, the security practices and policies of kiwifruit organizations are under the projectors. 19659005] Because legislation is very important, eHealth of a nation is questioned
. Regardless of the legality, companies are still not ready to handle the security requirements, creating a need for guidance and external advice. As reported by Reseller News New Zealand's New Data Violation Notification Laws provide for severe penalties for organizations that do not adhere to the rules – individuals can expect fines of up to $ 100,000, and corporates can expect penalties of up to $ 1 million.
These laws follow similar stringent laws adopted in overseas markets, such as s However, just as more than half of companies in Europe do not comply properly despite the risks, even after the date New Zealand organizations of all sizes are struggling to catch up As a result, suppliers and distribution partners now find that customers urgently need guidance and technology solutions to mitigate this level of risk. potentially puts an end to the activity.
"This legislation means that a small business in New Zealand can actually go bankrupt just because it has been violated," said Lewis Holden. , General Manager of Cogent. "You have to remember that 95% of the local market is made up of small businesses.
" It's an incredibly competitive space, with many others that will fill the void when l? one of them will break down. . They can not afford this kind of fines.
Learning the Law
Although laws may be threatening, they are also reasonable, according to Greg Mikkelsen, director of SecureCom
. For Mikkelsen, when assessing the significant violations that have occurred in the market in recent years – think of the controversies of Equifax, Facebook and Cambridge Analytica – it is understandable that New Zealand is also developing a solid framework for the security and confidentiality of the data. This in turn provides an opportunity for the local business community to realign itself behind data security.
"I think if these laws came earlier, people would have seen it as a solution in search of a problem" Mikkelsen said:
"People realize the stakes much more that before, and this is an issue that needs to be addressed.The legislation will just sharpen individuals and organizations to realize that they have a personal responsibility in this area. "
Locally speaking Mikkelsen said the challenge facing businesses is centered on a "lack of real understanding" at the executive level.
"Very few New Zealand executives come from the computer. ", Said Mikkelsen." So when you try to explain the risk from a computer point of view, and what is involved in managing this risk, it is difficult to articulate it. correctly to such leaders.
"Sometimes you can try to teach them they have no basic understanding of. As a technology provider, you can not go back and teach them 20 years of IT knowledge about switches. , routers, firewalls, data security, etc. "
."
"Equifax has had 47 million records infringed and has not spoken to anyone for months Mikkelsen added: "Now that the company is facing huge costs, the CEO is gone, half of the board has gone, the IOC and the CTO have gone too."
Therefore, it is important to emphasize the role of the executive in the management of "I still do not see any connection between the sense of responsibility of a director, his knowledge and his understanding of the IT, risk and security, said Mikkelsen, "Mikkelsen added. 19659005] However, it is expected that this disconnect will change as business leaders begin to realize that they do not need to have such a disconnect. system. violation of the Equifax scale for the organization to exhibit.
Over time, companies will naturally turn to their suppliers to develop and execute solutions to manage the risk profile.
Read more on the next page. .. [19659037] Page
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