By Australian Kinesiology Association, August 17th, 2020
If you’ve got data, you’ve got risk. Cyber security is one of the fastest growing areas of risk, and the Health sector is not immune. Cyber Liability coverage responds to various losses resulting from, but not limited to, stolen credentials, malware, phishing and social engineering and insider threats.
The insurance cover responds to:
- Third party claims against you;
- Business interruption and costs to restore your data;
- Notification of the breach.
BMS, AKA’s exclusive broker, can assist with the purchase of comprehensive Cyber Security & Privacy Liability Insurance with limits of up to $1,000,000 for Kinesiologists and their workplaces.
Health professionals who hold confidential client information can be held accountable for the safety and security of their client records. As a health professional, you have 30 days to alert the authorities should client records be compromised. You may also be required to pay a hefty fine should you not report an incident.
For more information, please click on the Australian Privacy Principles (APP) links below:
Chapter 11 provides guidelines on Security of personal information: https://www.oaic.gov.au/agencies-and-organisations/app-guidelines/chapter-11-app-11-security-of-personal-information
What is a data breach?
A data breach is defined as a situation where:
- There has been unauthorised access to, or unauthorised disclosure of, personal information about one or more individuals, or
- Information is lost in circumstances that are likely to give rise to unauthorised access or unauthorised disclosure.
- There is a likely risk of serious harm to any of the affected individuals as a result of the unauthorised access or unauthorised disclosure.
Relevant data can include data such as personal information, credit information and tax file numbers.
A real risk of “serious harm” can include physical, psychological, emotional, economic and financial harm, and also includes serious harm to reputation.
What can I do?
It is important that you understand what data you have, where and how it is stored – review and test your existing systems for managing and storing data and ensure they are compliant/robust.
If your data is compromised/hacked we recommend that you immediately call your insurance provider.
Apply for Coverage
Contact BMS via phone or email to learn more about Cyber Liability Insurance:
Email. firstname.lastname@example.org | Ph. 1800 931 070
Alternatively, please complete and return the application form to email@example.com to receive a quote for Cyber Liability Insurance.
Australian Kinesiology Association
The Australian Kinesiology Association is a not-for-profit, leading industry body. Supporting kinesiologists and maintaining the highest standards for the profession, the association connects and supports Australian kinesiologists while advocating for the profession.