Unless you've been living under a rock, you would know about the massive impact of both the Optus and Medibank Private data breaches. Those breaches have prompted the Commonwealth Government to propose a significant increase in penalties on those organisations engaged in serious or repeated privacy breaches to at least $50 million. It was $2.2 million.
Needless to say, there are loads of lessons here for business owners caught by the relevant provisions of the Privacy Act 1988.
See if your business is caught:
https://www.oaic.gov.au/privacy/privacy-for-organisations/small-business
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