Australian privacy commissioner: get ready now.
Position | PII - Terry Beed - Brief article |
Australian businesses and government agencies need to get serious about privacy, warned the nation's privacy commissioner and attorney general.
A recent survey conducted by McAfee revealed that 59% of the employees responsible for managing customers' personally identifiable information (PII) were unaware or unsure of the changes contained in the Australian Privacy Act. The new regulations, which become effective next March, levy large fines--$340,000 for individuals and $1.7 million for corporations--if consumer PII is not adequately protected.
The privacy commissioner and attorney general have warned businesses that they need to prepare now for the impending changes, reported ZDNet.
Honorary Associate Professor Terry Beed, from the University of Sydney Business School, asserts...
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