16 Dec Mandatory Data Breach Notifications
Mandatory Data Breach Notifications
The Government has released draft legislation that will introduce mandatory data breach notifications in 2016. The legislation aims to make it compulsory for organisations regulated by the Privacy Act, to notify regulators and affected individuals, if there are reasonable grounds to believe that a serious data breach had occurred. While the legislation details are awaiting industry discussion, we have some answers to frequently asked questions for your reference…
What constitutes a serious data breach?
When is notification required?
What happens if there is a failure to notify?
Does this apply to me?
For organisations that fall outside the scope of the proposed legislation, while they are not required to disclose breaches by law, it is still recommended to voluntary notify affected individuals as good privacy practice.
How can CRM Brokers help?
For a Cyber Event Quotation (turnover less than $10m), click here. This consists of just 10 risk questions and can be completed within 5 minutes.For a Cyber Event Quotation (turnover over $10m), click here.
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