[ISN] How security chief's bank details leaked

From: InfoSec News <alerts_at_private>
Date: Tue, 17 May 2011 00:14:25 -0500 (CDT)

By Ben Grubb
The Sydney Morning Herald
May 16, 2011

Security firm Symantec's Australian chief has revealed how his personal 
credit card details were leaked by a Melbourne restaurant, which he said 
highlighted the need for mandatory privacy breach notification laws.

The security chief, Craig Scroggie, told of his experience at a Symantec 
roundtable discussion in Sydney last week which revealed the average 
cost of a data breach to Australian companies was $2 million.

He said the government should implement Australian Law Reform 
Commissioner (ALRC) recommendations requiring companies to notify 
customers when a data breach has occurred, but raised questions over how 
it could be enforced.

Such laws would require an organisation to notify individuals if, for 
example, their username, password or credit card details had been 
breached by a hacker. The government has been criticised for failing to 
implement these laws despite sitting on recommendations for them since 


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Received on Mon May 16 2011 - 22:14:25 PDT

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