The Australian Parliament yesterday passed the Privacy Amendment (Notifiable Data Breaches) Bill 2016. These new data breach notification laws apply largely to private sector enterprises with an annual turnover of at least AUD $3 Million; the same entities who must already comply with the Australian Privacy Act.
The new Australian data breach notification laws require organisations to notify of an “eligible data breach” within 30 days of them becoming aware of it. The definition of “eligible data breach” may become the sticking point as this legislation becomes effective; it varies depending on what sort of entity you are. Read Full Article
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