Lawyers and insurers set for data breach payday

From: ZDNet

Soon, in Australia, Europe, and the UK, organisations that suffer a data breach must be able to show that they’d taken reasonable steps to prevent it. Time is running out.

By for The Full Tilt

Australia’s mandatory data breach notification laws come into force in February 2018. Europe’s General Data Protection Regulation (GDPR), which also requires breach notification, becomes law in May 2018. Brexit or not, the UK will also have to comply.

“[GSPR] will continue to apply to all businesses exporting goods or services into the European Single Market, regardless of any future legal and regulatory settlement reached by the UK with the EU,” wrote Peter Wright, managing director of DigitalLawUK, and chair of the UK Law Society’s Technology and Law Reference Group.

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