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Cyber Crime Event Insurance

Cyber Crime Event Insurance

No business is more vulnerable than small business. The reasons are simple. Large companies generally have the money and resources to protect their interests.

Australia finally has mandatory data breach notification

February 15, 2017 By barksupport

Australia will have a mandatory data breach notification scheme in place within the year after several aborted attempts, following the passage of legislation through the senate today.

The Labor and Liberal parties today united to pass the government’s Privacy Amendment (Notifiable Data Breaches) Bill 2016 into law. Learn what the rules mean for your organisation.

The passage came despite a last-ditch attempt by the Greens to make changes to the bill that would shorten the period in which an organisation must notify of a breach down from 30 days to three.

The party also attempted in vain to capture political parties and businesses with less than $3m turnover under the legislation.

Read the full article here

https://www.itnews.com.au/news/australia-finally-has-mandatory-data-breach-notification-450923

Filed Under: Cyber

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