The Australian Prudential Regulation Authority (APRA) has launched a five-year cybersecurity strategy to protect financial institutions and related entities from cyber-attacks. Both APRA regulated organisations and their suppliers, particularly those involved in the provision of software-as-a-service to financial institutions, should thoroughly review the policy changes.
The Australian e-Safety Commissioner has instructed a Parliamentary Committee to conduct a deep inquiry into ‘family, domestic and sexual violence’ connected to Google’s and Facebook’s platforms. The final public hearing concluded on the 19 November 2020 so it will be interesting to see whether Google and Facebook will retain their defensive position or whether regulatory reform will be initiated.