Australia Gets Serious on Data Breaches – Increased Penalties and Changes Proposed to Australia’s Notifiable Data Breach (NDB) Scheme

October 2022
Region: Asia Pacific

In the wake of the Optus data breach, the Australian Government is proposing to vastly increase existing penalties for serious and repeated data breaches, while also expanding the OAIC’s powers to manage data breaches as they occur. This article summarises the proposed changes and what will happen next, to ensure you are aware how your data breach risk is likely to change.