Data Breach Laws & GDPR
Laws were introduced in order to enforce businesses to ensure they comply with regulations for protecting customer data and reporting security breaches.
Are you compliant? How does this affect you? Have you implemented your security measure yet?
Notifiable Data Breaches Scheme
The Notifiable Data Breaches (NDB) scheme which commenced on 22 February 2018 established requirements on how companies need to respond to data breaches.
Companies now have the responsibility to provide notification to the Office of the Australian Information Commissioner (OAIC) and its customer when a data breach has occured which is likely to result in serious harm to any individuals whose personal information is involved in the breach.
To review the scheme you can visit oaic.gov.au to see if your business is affected.
EU General Data Protection Regulation
The European Union General Data Protection Regulation (the GDPR) contains new data protection requirements that commenced on 25 May 2018.
Australian businesses of any size may need to comply if they have an establishment in the EU, if they offer goods and services in the EU, or if they monitor the behaviour of individuals in the EU.
To review the scheme you can visit oaic.gov.au to see if your business is affected.