Australian Data Breach Law Could Bring On Class Action Wave

Law360, New York (June 3, 2013, 10:40 PM EDT) -- The Australian government last week proposed legislation that would require companies to tell affected consumers and the federal privacy commissioner if they experienced a serious data security breach, a measure that attorneys say would open companies up not only to regulatory fines but also to class actions from consumers armed with previously undisclosed information about losses of their personal data.

The legislation, introduced in Parliament on Wednesday, would transform the country's voluntary breach reporting regime by requiring companies to alert the public and the Office of...
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