We're sorry but your browser is not supported by Marsh.com.au

For the best experience, please upgrade to a supported browser:

X

RESEARCH AND BRIEFINGS

Client Alert: Introduction of the notifiable data breaches scheme

 


On 22 February 2018 the Privacy Amendment (Notifiable Data Breaches) Act 2017 will come into effect. Prior to this legislation there was no statutory requirement in Australia, other than for eHealth data breaches, for businesses to notify either affected individuals or regulatory bodies of any data breach.

The Act introduces the Notifiable Data Breaches (“NDB”) scheme which establishes mandatory reporting protocols of all eligible data breaches for entities bound by the Australian Privacy Principles. These are any private sector and not-for-profit organisations with an annual turnover greater than $3million, and all Commonwealth Government and Australian Capital Territory Government agencies.
 

"Marsh Pty Ltd (ABN 86 004 651 512, AFSL 238983) (“Marsh”) arrange this insurance and is not the insurer. The Discretionary Trust Arrangement is issued by the Trustee, JLT Group Services Pty Ltd (ABN 26 004 485 214, AFSL 417964) (“JGS”). JGS is part of the Marsh group of companies. Any advice in relation to the Discretionary Trust Arrangement is provided by Jardine Lloyd Thompson Pty Ltd (ABN 69 009 098 864, AFSL 226 827) which is a related entity of Marsh. The cover provided by the Discretionary Trust Arrangement is subject to the Trustee’s discretion and/or the relevant policy terms, conditions and exclusions.

This website contains general information, does not take into account your individual objectives, financial situation or needs and may not suit your personal circumstances. For full details of the terms, conditions and limitations of the covers and before making any decision about whether to acquire a product, refer to the specific policy wordings and/or Product Disclosure Statements available from Marsh on request.