Data breaches are commonplace in an increasingly digital world.
New laws are set to come into effect this month that will require
thousands of Australian companies to notify individuals and the
Government if they believe a data breach has occurred within their
IT systems causing personal information to be compromised.
Recent high profile data breaches include Uber's debacle
with the personal information of reportedly 57 million Uber
customers and drivers stolen along with Uber's failure to
disclose this massive breach for over a year, and the 2016
admission by the Red Cross that the personal data of over half a
million Australian blood donors may have been compromised. These
new laws are overdue and much needed to equip individuals with
greater certainty in relation to the security of their personal
information.
