The proliferation of technology, the growing interconnectedness of communities and the insatiable appetite for ultra-convenience appears to have spurred an explosion in investment in digital identity solutions across the globe.
On 1 July 2019, the Federal Government launched its pilot program for Open Banking, involving the big four banks. Under the pilot program, ANZ, CBA, NAB and Westpac are required to share generic product data as the first step in testing the performance, reliability and security of the Open Banking system.
The Telecommunications and Other Legislation Amendment (Assistance and Access) Act 2018 (Cth) (‘the Act’) which passed last year in the expectation that it would be revised in early 2019, remains unchanged. The interim report by the Parliamentary Joint Committee on Intelligence and Security (‘PJCIS’) has a deadline of June 2020 to review amendments to the Act. The Act grants ASIO and Federal, State and Territory law enforcement, greater powers to intercept and monitor encrypted communications such as those sent through WhatsApp, Telegram and Signal.
Announced in March 2019, the UK’s Information Commissioner’s Office (ICO) issued a call for input into its development of an auditing framework for AI technologies. This push comes in response to the protections afforded to individuals under the EU’s General Data Protection Regulation (GDPR) in situations where personal data is processed, and then used to profile or make decisions about a person, by AI technology.
The Supreme Court of New South Wales recently found (in Voller v Nationwide News Pty Ltd; Voller v Fairfax Media Publications Pty Ltd; Voller v Australian News Channel Pty Ltd ) that media companies are considered to be publishers of third party comments posted to their public Facebook pages.
The Modern Slavery Act 2018 (NSW) (NSWAct) is no longer commencing on 1 July 2019, as had been earlier anticipated. It is now set to be either amended or repealed, after the NSW Government announced that it had received advice from the Department of Premier and Cabinet that the Act contained unspecified “defects requiring urgent attention”.
In a well-publicised decision last month, the High Court sent the latest round of Rinehart/Hancock family litigation to confidential arbitration. In doing so, the Court provided a refresher on the principles of contractual interpretation which apply to all contracts, including those in the technology sector.
APRA Prudential Standard CPS 234 comes into effect on Monday 1 July 2019. The standard aims to bolster the cybersecurity readiness of APRA-regulated entities and minimising the likelihood and impact of incidents on confidentiality, integrity or availability of information and information systems.
The Australian Communications and Media Authority (ACMA) recently released a statement announcing its finding that several Lottoland online jackpot betting services breached the prohibition against offering lottery betting services in Australia under the Interactive Gambling Act 2001 (IGA). This article considers how regulation of gambling in Australia is working to protect individuals and communities from the issues associated with problem gambling, in the context of lottery betting.
As Australia moves towards a cashless society, bank system failures are having an increasing impact on customers and the economy. The Payment Systems Board will soon put into action the RBA's threats to intervene in bank system outages.