Project Objective: The main goal of this project is for students to understand how Australian cybersecurity and privacy laws affect accounting practices across different sizes of organisations.

Project Steps:

1. Choose Regulations:
   • Focus on specific laws relevant to cybersecurity in the accounting field, like the Privacy Act 1988 and the Notifiable Data Breaches (NDB) scheme.
2. Research the Regulations:
   • Explore what these laws entail, especially how they protect personal and financial data.
3. Examine Business Impacts:
   • Look into how businesses must adjust their operations to comply with these regulations.
   • Consider different business sizes:
     • Small Businesses might struggle with the resources needed to comply.
     • Medium Enterprises have more resources but also more complex needs.
     • Large Corporations face the most stringent compliance requirements, especially if they operate internationally.
4. Report:
   • Summarise the findings in a structured report.
   • Highlight compliance strategies for each business size.
   • Discuss any common challenges these businesses face and propose practical solutions. please dont use AI