With Australia's new data
breach notification laws coming into effect next month, gathering and securing sensitive information about customers and their deposits will be more onerous than ever.
Not exact matches
The
law, which came into effect in February, requires organizations to notify regulators and consumers within 30 days of breaches that have a likelihood of resulting in «serious harm» (see Australia Enacts Mandatory Breach Notification La
law, which
came into effect in February, requires organizations to notify regulators and consumers within 30 days of
breaches that have a likelihood of resulting in «serious harm» (see Australia Enacts Mandatory
Breach Notification LawLaw).
By concealing the hack and paying off the hackers Uber
breached US
laws which require
notification of people who are the victim of data compromises (similar
laws will
come into the UK in May 2018).
At Hunton & Williams we have handled well over 1,000 security
breaches since the first
breach notification law in the world in California
came into effect in 2004.