The Notifiable Data Breaches Scheme Has Commenced – How Will It Impact Your Business?

    View Authors February 2018

    New privacy legislation means that the vast majority of businesses in Australia are now required to report and publicise security breaches resulting in data loss.

    Background

    From 22 February 2018, any entity required to comply with the Privacy Act 1988 will be subject to additional obligations. The Privacy Amendment (Notifiable Breaches) Act 2017 (Data Breach Amendment) means that businesses are likely to be investigated and fined if they keep data breach or loss incidents secret, and brings Australia into line with a number of other jurisdictions, including the US and Europe.