Mandatory Data Breach Act – what does this mean for your business?

Imagine if a hacker stole all your personal information from a New Zealand company with whom you are dealing, and this company did not tell you. ? Well, unfortunately, you do not need to imagine it because that is what happens.

In New Zealand, if a hacker steals personal information from a company, known as a violation of privacy or data,

Fortunately, the new laws on the protection of privacy submitted to Parliament in March 2018 could make this a thing of the past.

One of the key changes to the Privacy Act, currently with the Select Committee, mandatory notification of data breach will require public and private sector organizations to notify affected individuals and the Commissioner to the protection of privacy if they are at risk of harm. Otherwise, a fine of up to $ 10,000 could be imposed. This law came into effect in February in Australia, and the first major violation reported was the PageUp recruitment site, which had a malware attack affecting some of their 2.6 million users in 190 countries, including New Zealand. Grant Hopkins, chief executive of HP New Zealand, says it's a good time to update the privacy laws in New Zealand because cybercrime and technology have become more sophisticated, bringing with them a lot security and challenges. [19659007"Unréseauestaussisûrquesonmaillonleplusfaibleetlesimprimantessontsouventnégligéeslorsquedesstratégiesdesécuritésontformulées"expliqueHopkins"Ceciendépitdufaitquel'imprimanteestsouventutiliséepourl'impressionetlanumérisationdedocumentshautementconfidentielsainsiquepourl'accèsaurépertoireetauréseaudel'business"

Many companies neglect printer security, which means not only hackers see them as a easy target, but also a great way to access personal data on the device itself and on the network

Why changes now?

As technology, devices and printers become smarter and cybercrime becomes more sophisticated, data breaches become more common. While many places in the world, including California, the EU, and Australia, have recognized it by imposing data breach notifications, New Zealand has not not done.

A recent CERTNZ report shows that cyber incidents have been reported between January 1 and March 31, 2018. "

One of the most startling and scary things is that hackers are now targeting weak links of a company, like printers. A Spiceworks survey conducted in 2016 showed that printer violations accounted for about 16% of cyberattacks

What does this change mean for businesses?

First, companies would be required to notify the data. violation, the Privacy Commission would be able to collect and analyze information that it did not know before, allowing everyone to learn about these types breaches and, fortunately, to prevent or minimize them. make every effort to secure storage and data sharing, such as evaluating the security of their software and hardware, educating employees, creating and maintaining privacy and security policies, developing response plans in case of data breach and updating of confidentiality disclosures. Obtaining specific cybersecurity risk insurance is also recommended

How to prevent or minimize data leaks?

As a business, you can do several things to help you stay in phase. In the face of cybercrime, such as:

• Learn to Identify and Manage Cyber ​​Attacks – Make sure you are aware of the latest ways to identify, prevent, and minimize data violations.
• Educate Employees – Teach your staff the safest ways to share and store data, and to identify and manage data breaches.
• Evaluate Your Technology – Check to see if your software and hardware can identify and properly handle real-time data breaches.
• Analyze the security of your data – Make sure that software and computer security and printing are complete, up-to-date and monitored 24 hours a day, 7 days a week.
• Minimize the amount of personal information you hold – This can be difficult, especially when it comes to marketing databases, but if you can, try to decrease the personal data that your organization stores.
• Encrypt and anonymize personal data – When you can, encrypt or anonymize personal information.

For more information on protecting your printers from cyberattacks, visit HP's Web site

READ MORE: * Cyber ​​Attacks Target Kiwi Work Printers
* How to prevent cyberattacks on your work printers

                
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