Kiwi disclosure law could boost security, says Symantec

[security curmudgeon <jericho () attrition org>]

http://computerworld.co.nz/news.nsf/scrt/19796B1A09EDB3F6CC2575B3007FE5A8

Kiwi disclosure law could boost security, says Symantec
New SMB survey shows high levels of data loss in ANZ
By Rob O'Neill Auckland | Tuesday, 12 May, 2009

A new survey of small and medium sized businesses shows 58% of Australian 
and New Zealand companies suffered a data loss or breach that affected 
business performance.

The survey, by security company Symantec, found 69% of these organisations 
reported losses due to systems breakdown or hardware failure, 49% through 
onsite and natural disasters, 47% through human error, 45% through a lost 
or stolen laptop or other protable device and 39% through deliberate 
sabotage by an employee.

The survey received 1425 responses across 17 countries. One hundred 
responses came from Australia and New Zealand.

The ANZ loss rate is well above the global average of 41% and even further 
away from the US rate of 29% and Canada's loss rate of 27%.

Steve Martin, Symantec's SMB manager for the Pacific region, says that may 
be due to the lack of data breach disclosure laws in the region.

[..]
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