As Australia’s new data breach law produces more than one notification a day, cybersecurity specialist Centrify has advised businesses to embrace machine learning to strengthen their defences.
Centrify, a leading provider of Zero Trust Security through the power of Next-Gen Access, made its comments following reports that the Office of the Australian Information Commissioner (OAIC) received 31 data breach reports in the first three weeks of the new law.
The Notifiable Data Breach (NDB) law mandates that Australian Government agencies and companies turning over more than $3 million a year secure personal information under the Privacy Act and notify individuals affected by data breaches. One of the first incidents was shipping firm Svitzer, which reported details stolen in a data breach affecting almost half its Australian employees.
Centrify Senior Director APAC Sales Niall King said organisations needed to defend against data breaches by deploying Zero Trust security and strengthening identity protection. “Zero Trust security, which assumes that people inside the network are no more trustworthy than those outside it, starts with identity,” he said.
The board of Australian battery company Redflow Limited has commended the successful commissioning of the company’s new factory in Thailand after visiting the facility this month.
During the two-day inspection, Redflow directors saw factory staff fully assemble two ZBM2 zinc-bromine flow batteries which are now undergoing post-production acceptance testing.
Redflow Chairman Brett Johnson said the board had been pleased by progress at the factory. “We are impressed by the commitment of the on-site team to producing high-quality components,” he said.
Australian battery company Redflow Limited (ASX: RFX) has named experienced technology executive Tim Harris as its new CEO to focus on the company’s growth and commercialisation.
Long-term Redflow executive Richard Aird returns to the role of Chief Operating Officer, a critical position that focuses his deep skills and experience with development of Redflow’s unique ZBM2 battery to ensure its successful production by the new factory in Thailand. Richard will continue his successful work in driving cost-downs, optimisations and quality improvements in the supply-chain and manufacturing process as the company prepares to ramp-up battery production during 2018.
Since last year’s strategic review, Redflow has transferred its manufacturing operations from North America to Thailand, where it is now successfully producing battery stacks - the critical component of its zinc-bromine flow batteries - and is on track to produce full batteries by June this year.
Tim Harris has extensive international business experience from the telecommunications sector - a key market for Redflow - where he was previously Chief Commercial Officer for Chorus in New Zealand and held senior leadership roles for BT Group in Singapore and the UK. More information about Tim is available at https://redflow.com/about-us/board-management/.
Redflow Chairman Brett Johnson said the company was now focussed on growth. “After a year of change, we are enormously grateful for Richard’s leadership to establish the new factory in Thailand, which is the foundation for our next phase of growth,” he said.