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Mandatory Data Breach Reporting Australia
24 Feb. 2014 - Michael Simonetti, BSc BE MTE - Total Reads 13,120
This extends our article on Data Security Risks and Solutions for Small to Large businesses, click to jump to the solutions for Data Breach problems.
Let’s tackle the government’s new policy on Mandatory Data Breach Reporting. Stringent upgrades to Cyber Security and Privacy Laws in Australia means any loss or hack you have to your own customer data face stiff penalties if not reported (known as Mandatory Reporting). Now a breach or a loss of data could be something as malicious as a hacker breaking into your site and stealing your consumer database, or disgruntled Bob in Sales, taking home a copy of your client database & IP with the intention of starting his own business in the near future. I’ve seen both these occur to clients and they are not pretty. The loss of data along can be big enough to ruin any business, painful to say the least.
Posted by: Michael Simonetti, BSc BE MTE
Post Reads: 13.1K
Go on, see if you can challenge us on "Mandatory Data Breach Reporting Australia" - Part of our 183 services at AndMine. We are quick to respond but if you want to go direct, test us during office hours.
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