Are you ready for the new data breach notification legislation?
Within the next year, Australian business will be subject to a mandatory data breach notification scheme following the passage of legislation through the senate earlier this month. The legislation covers government agencies and organisations governed by the Privacy Act as well as businesses with a turnover of more than $3 million a year.
Organisations that determine they have been breached or have lost data will by law need to report the incident to the Privacy Commissioner and notify affected customers as soon as they become aware of a breach.
How aware are you of the extent of the security threats your organisation currently faces?
Read the full article in CSO to find out how to prepare for the introduction of this new legislation.