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How Symantec's security chief's bank details leaked

posted onMay 16, 2011
by hitbsecnews

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.

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