All organisations and businesses should be aware of upcoming changes to Australian Privacy Laws. There are now 13 privacy principles, which are divided into 5 distinct categories:
- Data Collection
- Use of Personal Data
- Integrity of Data
- Access and correction
An excellent free summary available via the Association for Data-Driven Marketing & Advertsiing [ADMA] Knowledge Lab is worth downloading and reading from this link http://gjscomp.com/1g99Rs9.
For more detailed information, including background, please visit the Website of the Office of the Australian Information Commissioner http://gjscomp.com/1hIGt0b.
At the very least all companies should update their privacy policies, and seek information from their particular industry bodies which should already have in place templates and documentation.
Over time there is no doubt that that any breaches (such as via a businesses’ customers personal information being hacked and for example distributed online) that hefty fines will apply. It would seem that outside any financial cost to an organisation such a breach would, as it already is, be harmful to that particular company’s reputation.
It is also worth reading ITNews Darren Pauli’s Article “Privacy Act Audits Will Consider Infosec Budgets” http://gjscomp.com/MMeKzv.