Wave Systems Corp. (fka WAVXQ)

[Genz2]

Australia flags increased penalties for data breaches following major cyberattacks

https://finance.yahoo.com/news/australia-flags-increased-penalties-data-235135155.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS91cmw_ZXNyYz1zJnE9JnJjdD1qJnNhPVUmdXJsPWh0dHBzJTNBJTJGJTJGZmluYW5jZS55YWhvby5jb20lMkZuZXdzJTJGYXVzdHJhbGlhLWZsYWdzLWluY3JlYXNlZC1wZW5hbHRpZXMtZGF0YS0yMzUxMzUxNTUuaHRtbCZ2ZWQ9MmFoVUtFd2lzNGZQRWxmWDZBaFdOVWNBS0hUOVdCX3dRRm5vRUNBRVFBZyZ1c2c9QU92VmF3MGlRc1JpY0ozd2RjeUM4V2lxUWZJcg&guce_referrer_sig=AQAAAMnzGSRdRCR5qlYWNdyqolUxEe_O7mp42CjRoTyf-E9heyDy5_X02ITei4ExL5VE-HBefy2K539ogAzALcD-hHNn7n-ZuU3LiyUbdtoTzzfGacqZz5jjjjhFG4sxJraxq1IPGwZk95EK_r1BKZTHUv0_PQs0zLfNXNJUZFTVzMr6

Excerpt:

The proposed changes would lift maximum penalties for serious or repeated privacy breaches from the current A$2.22 million ($1.4 million) to the greater of A$50 million, three times the value of the benefit obtained through the misuse of information, or 30% of turnover in the relevant period, he said.
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What an incentive to get data protection from Wave! Choose data protection that actually works!! With these penalties creating a strong deterrent for data breaches, the U.S. and the rest of the world may follow suit with bigger penalties, and make for an even stronger demand for Wave solutions!!

Be prepared with better security, be prepared with Wave solutions!!
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Better security at less than half the cost!!!
http://www.wavesys.com/

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