find the latest legal job
Senior Associate - Litigation & Dispute Resolution
Category: Litigation and Dispute Resolution | Location: Melbourne CBD & Inner Suburbs Melbourne VIC
· Come work for a firm ranked in Lawyers Weekly Top 25 Attraction Firms
View details
Associate - Workplace Relations & Safety
Category: Industrial Relations and Employment Law | Location: Brisbane CBD & Inner Suburbs Brisbane QLD
· Employer of choice · Strong team culture
View details
Freelance Lawyers
Category: Banking and Finance Law | Location: All Perth WA
· Freelance opportunities through Vario from Pinsent Masons
View details
Freelance Lawyers
Category: Other | Location: All Adelaide SA
· • Qualified lawyer with a strong academic background
View details
Freelance Lawyers
Category: Other | Location: All Melbourne VIC
· • Qualified lawyer with a strong academic background
View details
Protecting your firms data safety in a world of digital disruption

Protecting your firms data safety in a world of digital disruption

Bank Safe

Promoted by

In today’s digital world, businesses are increasingly turning to technological solutions to help maximise accessibility of information within their organisation. An explosion of new technologies is now driving the emergence of new business models and business pressures.

The digital disruption trend is so advanced, there are now real risks facing businesses that are not taking this shift into account in their forward planning. No industry sector is immune.

In response to the prominent rise in risk, the Federal Government last year released an exposure draft of new mandatory data breach notification laws that will form part of the Privacy Amendment (Notification of Serious Data Breaches) Bill 2015.

Originally earmarked to be implemented in the first half of 2016, these new laws are still in review however will mandate that any business, corporation, or government organisation must report the loss or theft of data that originates with them.

Privacy activists have been calling for these legislative updates for many years to effectively track the threat to personal data and identity theft that is becoming more widespread.

In the 2016 Cost of Data Breach Study: Australia by the Ponemon Institute[1], it was found that the average total cost of a data breach is $2.64 million while the average cost per lost or stolen record is $142. In fact, Jones Day have warned that Australian companies need to craft and implement data breach programs now to avoid the increased risk of aggressive litigation.

To combat the change in record management, at a global level the International Organization for Standardization (ISO) recently released new International Standards for record management. It had been over 10 years since the ISO was updated, so the need for the updated ISO is to address the rise of digital content and businesses increasing reliance on it and how it changes the way digital records are managed.

The new ISO 15489-1 was developed because over the past decade during which a huge digital shift has occurred, in a changing digital landscape, a new robust set of concepts and principles are needed to underpin new approaches.

There is an opportunity for every organisation to consider what needs to be done to ensure their business model can withstand the advent of newer, leaner and more digitally enabled companies.

Compu-Stor is a private, Australian owned and managed company that has been providing holistic records management solutions to businesses across Australia since 1987. To learn more about Compu-Stor’s range of information management, records storage and digitisation services visit




Like this story? Read more:

QLS condemns actions of disgraced lawyer as ‘stain on the profession’

NSW proposes big justice reforms to target risk of reoffending

The legal budget breakdown 2017

Protecting your firms data safety in a world of digital disruption
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Oct 20 2017
Podcast: One of law’s most infamous alumni – in conversation with Julian Morrow
In this episode of The Lawyers Weekly Show, Melissa Coade is joined by The Chaser’s Julian Morrow....
Oct 20 2017
High Court overturns ‘excessive’ anti-protest legislation
Bob Brown’s recent victory in the High Court over the Tasmanian government was a win for fundament...
Oct 20 2017
Changes to Australian citizenship laws blocked
Attempts to beef up the requirements to obtain Australian citizenship were thwarted this week, after...
Allens managing partner Richard Spurio, image courtesy Allens' website
Jun 21 2017
Promo season at Allens
A group of lawyers at Allens have received promotions across its PNG and Australian offices. ...
May 11 2017
Partner exits for in-house role
A Victorian lawyer has left the partnership of a national firm to start a new gig with state governm...
Esteban Gomez
May 11 2017
National firm recruits ‘major asset’
A national law firm has announced it has appointed a new corporate partner who brings over 15 years'...
Nicole Rich
May 16 2017
Access to justice for young transgender Australians
Reform is looming for the process that young transgender Australians and their families must current...
Geoff Roberson
May 11 2017
The lighter side of the law: when law and comedy collide
On the face of it, there doesn’t seem to be much that is amusing about the law, writes Geoff Rober...
May 10 2017
Advocate’s immunity – without fear or without favour but not both
On 29 March 2017, the High Court handed down its decision in David Kendirjian v Eugene Lepore & ...