Australia Urged to Hasten Cyber Incident Disclosure Rules

RMIT University

A cyber security expert is available to talk to media about the US SEC's new rules requiring companies to report cyber incidents to customers within four business days.

Professor Matthew Warren, Director, Centre for Cyber Security Research and Innovation

Topics: cyber attack, cyber security, SEC, ASIC, hack

"The new rules adopted by the US Securities and Exchange Commission (SEC) requiring public companies in the US to report data breaches and hacks to customers within four days of being discovered is a welcome change.

"It is a great step to make companies accountable for the protection of customer data and to protect companies' operations against cyber security.

"Cyber security risk assessments are a key step that all organisations should undertake as they start to deal with managing the complexity of cyber security.

"Cyber security regulation is the path that needs to be followed, we can only hope that the Australian government follows the US government approach down the cyber security regulation path."

Professor Matt Warren is the Director of the Centre for Cyber Security Research and Innovation and a Professor of Cyber Security at RMIT University.

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