It`s important to pay attention to the way the personal
information of your company is secured. If you mishandle the
confidential information of your customers, it can cause them a
financial or reputational loss and lead to a decreasing of trust
and considerable harm to your good name.
So what should you do to maximise protection and minimise the
consequences if there is a breach?
In Australia
At the Australian level, the most useful information is issued
by the Office of the Australian Information Commissioner on the one
hand and the Defence Signals Directorate
("DSD") on the other hand.
The Information Commissioner has published a "Guide to
securing personal information" (hereafter "the
Guide"). This Guide gives some examples of reasonable steps
and strategies you should take to protect the personal information
you get in order to comply with the security obligations under the
Privacy Act 1988. See
https://www.oaic.gov.au/agencies-and-organisations/guides/g