Just days into National Cyber Security Awareness month, the hacks of Kmart Australia and David Jones have highlighted industry’s continued vulnerability to hackers – and reinforced warnings about companies’ ability to meet their obligations to protect consumer information.
The two Australian retailers have involved police in the wake of data thefts that stole the personal details of a massive number of customers. The breaches were contemporaneous to hacks of crowdfunding platform Patreon and a Verizon investigation that blamed the record-setting breach of US retailer Target on a failure to take many basic security precautions.
More worrying still: those findings echo the results of new research from peak security-industry body ISACA, which recently polled 780 privacy and risk professionals and found that just 29 percent are very confident in their organisation’s ability to protect sensitive data.
That report, entitled Keeping a Lock on Privacy: How Enterprises are Managing Their Privacy Function, found that while 76 percent of organisations provide privacy awareness training to their staff, complex regulations (48 percent), a lack of clarity around roles and responsibilities (39 percent) and a lack of a privacy strategy and implementation roadmap (37 percent) were the factors most hindering the establishment of successful privacy programs within the respondent organisations. For the full article click here
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