From: Global Compliance News
By: Patrick Fair, Anne-Marie Allgrove and Adrian Lawrence
Australia is one step closer to a mandatory data breach notification scheme. If implemented the new law will require businesses and Federal Government bodies to notify serious data breaches to the Australian Information Commissioner (the Commissioner) and affected individuals.
The Government has released for public consultation an exposure of the Privacy Amendment (Notification of Serious Data Breaches) Bill 2015 (the Bill) and related documents (available here). The Bill is substantively identical to the Privacy Amendment (Privacy Alerts) Bill first introduced by Labor in 2013. Submissions on the Bill can be made until 4 March 2016.
This alert summarises the notification requirements under the Bill and explains their practical impact (if enacted).
Notification requirement
1. Who would the notification requirements apply to?
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