Opinion

Ches Rafferty | Optus data breach another demonstration of why companies should be licensed to hold our personal data

By Ches Rafferty
October 22 2022 - 5:30am
The Privacy Act already requires businesses to undertake reasonable steps to protect personal data from misuse, hacks or disclosure. What are 'reasonable steps' though? Good question. Picture Shutterstock
The Privacy Act already requires businesses to undertake reasonable steps to protect personal data from misuse, hacks or disclosure. What are 'reasonable steps' though? Good question. Picture Shutterstock

The federal Attorney-General has proposed rapid changes to the Privacy Act including increases in fines, formalising information-sharing processes in the event of a known data breach such as with financial institutions, and changes to data storage and retention requirements.

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