Security Market Segment LS
Tuesday, 26 June 2018 00:04

New service launches in response to Notifiable Data Breach scheme concerns

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Independent cyber security company Foregenix has launched a new service in response to Notifiable Data Breach scheme concerns, saying it is "taking action".

Foreplay with hackers is probably a dangerous game of cat and mouse, but Foregenix is putting skin in the game in response to the "high number of fines handed out since the introduction of the Notifiable Data Breach scheme". 

The company says it has "responded by launching a service package designed to help Australian businesses identify and minimise the risk of being subject to the Notifiable Data Breach scheme’s reporting regulations and fines".

So, what's in Foregenix's package?

Well, we're told "the package comprises three services".

These are:

  1. A breach assessment to identify if key systems have already been breached, and
  2. A risk assessment consultancy to identify cyber security gaps.
  3. These are followed by a penetration test assessment to simulate external attacks, locate potential weaknesses and help organisations harden their external infrastructure.

Foregenix will "also offer security awareness training and data discovery services to ensure organisations know where their data exposure is, and who has access to sensitive information. An incident response retainer services will help organisations ready themselves, and respond, in the event of a breach".

The company reminds us that "the NDB scheme obliges organisations, including all with an annual turnover of more than A$3 million, to notify individuals if personal information is compromised, and is likely to cause serious harm".

Foregenix’s Asia Pacific managing director Raymond Simpson said: "Since the Scheme took effect, we’ve witnessed a significant number of ‘notifications’, causing great anxiety to those involved as well as those looking on from the sidelines.

"This is particularly the case for small businesses and not-for-profit organisations, as they are mostly unaware of their security posture and the degree to which they may be subject to the NDB reporting regulations and associated fines.

"We’re very much part of the small business community and want to assist in securing such organisations, without the need for disproportionate investment from them."

And for those who haven't yet heard of Foregenix, the company says it is "a leading independent cyber security company".

We're told that it "provides penetration testing to measure the effectiveness of security systems, and forensics and incident response services in cases where systems have been compromised. It also offers its own range of software solutions to help detect intrusions and protect against threats".

"Foregenix works with clients in the Fintech, retail and e-commerce, hospitality, travel and insurance sectors, as well as banks and governments around the world and has offices in seven countries and consultancy teams operating in more than 20 countries".

So, there you have it. If you want to know more, Foregenix is here

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Alex Zaharov-Reutt

One of Australia’s best-known technology journalists and consumer tech experts, Alex has appeared in his capacity as technology expert on all of Australia’s free-to-air and pay TV networks on all the major news and current affairs programs, on commercial and public radio, and technology, lifestyle and reality TV shows. Visit Alex at Twitter here.

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