Australian Gov't To Push Data Breach Notification Bill

Law360, New York (May 28, 2013, 9:38 PM EDT) -- The Australian government is poised to unveil legislation that would require companies to tell affected consumers as well as the federal privacy commissioner if they experience a serious data security breach, the country's attorney general said Tuesday.

Under legislation set to be introduced in Parliament  on Wednesday, businesses and government agencies would have to notify both consumers and the Office of the Australian Information commissioner when data breaches “that give rise to a risk of serious harm” occur, according to Attorney General Mark Dreyfus.

The mandatory...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.