We are delighted to publish Issue 4 of our Cyber, Tech and Data Risk Report, which is our final wrap-up of relevant news for insurers, brokers and their customers doing business in Australia and New Zealand in the cyber, tech and data fields for the year.

In this month’s report, we look at a range of cyber issues and developments, including the Australian Government responses to the proliferation of cyber incidents involving major Australian corporates and the increased consequences of data breaches. We discuss AFCA’s recent decision regarding a ‘misleading advice’ cyber dispute, and how international security pacts have heightened Australia’s risk of cyberattacks. We also share highlights from recent ACSC and OAIC reports, as well as some insights from our Legalign Global partners, including into emerging threats and supply chain breaches.

In the IT liability space, we look at Snapchat’s alleged liability for drug deaths and a range of emerging risks associated with the metaverse. We also explore the first decision in a common law jurisdiction that considers the duties of blockchain software developers.

W+K’s Cyber, Privacy + Data Security team will be on-call, monitoring cyberxmas@wottonkearney.com.au and our Cyber Incident Hotline over the break. We are available to take instructions, triage calls and help with urgent incidents. Find out more here.

For more information about any of these stories, please contact a member of our Cyber, Privacy + Data Security team.