Ensure data security, and protect customer privacy by creating, collecting, managing, storing, retrieving and disposing of data safely and with integrity.
Reportable1 privacy incidents: 0
Notifiable data breaches realised by a material risk2 relating to cyber security, data governance, or failure of internal controls: 0
As access to customer data, and data security more generally, take on increasing importance in our community, they have become the subject of particular focus at AGL.
AGL strongly supports consumers having greater access to and control over data that directly relates to them. We consider that a well-designed regulatory regime should facilitate this access and control to allow customers to seek value from their data, while also preserving incentives for efficient investment and innovation in data from businesses, and fostering trust from the community in data use and privacy.
We believe that our customers should be provided with easy access to their own consumption data, and should retain direct control over who is permitted access to their data (other than regulated entities for market settlement and other regulated purposes). We also believe that the ability to harness insights from customers' data drives product and service innovation, which is in customers’ best interests. For example, see discussion of our innovative Energy Insights product in the Product innovation section.
FY18 saw changes to the Privacy Act 1988 (Privacy Act) that introduced a new Mandatory Data Breach Reporting regime that took effect in February 2018. The changes replaced the voluntary notification system that previously existed, instead creating an obligation upon AGL (and other relevant entities) to notify the Office of the Australian Information Commissioner about any eligible data breach (as defined in the Privacy Act) that is likely to result in serious harm to the individuals affected by the breach.
AGL prioritises the appropriate treatment of customer data and information within the terms of the Privacy Act, and has set a target for FY19 that it will not have any reportable privacy incidents.
To date, we have had no notifiable breaches under the new Mandatory Data Breach Reporting regime. We have also demonstrated our focus on this area in FY18 with the appointment of a full-time Privacy Officer, reflecting our recognition of increasing community expectations about privacy protections.
AGL has publicly articulated its views in this context, including advocating for a number of clear principles as they relate to open access to data, through the public submission processes associated with the Federal Government’s Review into Open Banking in Australia and the Productivity Commission’s report on its Inquiry into Data Availability and Use.
This followed on from the formalisation of our Data Principles in FY17, which drove our focus and policy development in this area. These Principles articulate our approach to dealing with customers’ data:
Further information including about how we comply with our legislative requirements can be found in the AGL Privacy Policy, and the Strong and ethical governance section of this report.
We operate within a sophisticated data security framework and have implemented processes and protections to ensure data breach prevention. In particular, AGL’s Cybersecurity Framework follows a risk-based approach for managing cybersecurity risks for critical infrastructure, which allows us to consider cybersecurity risk as a priority similar to financial, safety and operational risk, while factoring in larger systemic risks inherent in the context of critical infrastructure. The framework we have adopted enables the identification and appropriate treatment of high priority cybersecurity issues such as:
AGL’s strict data security protocols operated successfully following a data security incident that impacted the data of one of our software suppliers, PageUp People, which AGL used to support our recruitment and employee career development processes. Following notification of the incident, AGL temporarily disabled access to our careers website, in order to minimise the impact of the incident on AGL’s systems and data held by AGL. We were one of a number of companies and organisations that used PageUp People. AGL conducted a collaborative investigation of the incident, and a comprehensive assessment of its impact on AGL and its data. It revealed that the incident may have affected data relating to AGL’s people and prospective employees, but not AGL’s customers. AGL takes these matters very seriously, and protecting the data in our systems is of high priority.