Mar 042014
 March 4, 2014  Posted by  Breaches, Business, Laws, Non-U.S.

Fran Foo reports:

Security experts fear that new privacy legislation has so many loopholes that it will lead to organisations inadvertently claiming to have a security strategy in place to combat hackers.

Phil Kernick, national head of information security at CQR, says the Office of the Australian Information Commissioner should do more to make organisations accountable for information security and privacy.

The OAIC recently released the Australian Privacy Principles guidelines and agencies and companies can be fined up to $1.7 million and individuals $340,000 for serious or repeated invasions of privacy under new laws, which kick in on March 12.

Read more on The Australian.

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