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A sweeping overhaul of privacy laws could introduce new costs for big businesses as they grapple with regulators and customers’ right to sue and delete data.
A recent legislative change has left Australia with the toughest fines for privacy breaches in the world. According to cybersecurity expert Anna Johnston, an important nuance differentiates what constitutes a privacy breach from a data breach or cyberattack.
But the boosted data breach penalties are a good start.
We speak to two industry experts following the Optus, MyDeal and Medibank customer data breaches about what organisations need to do to minimise their chances of being next
The company’s failure to protect the sensitive data of its customers will undermine trust in the whole health system, privacy experts warn.