Changes to the Australian Privacy Act are planned for
2014 and will impact each and every business dealing with customer
information. Now is the time to be preparing for these changes and
ensuring their policies and procedures are compliant.
The changes will come into effect on 12 March 2014 and
particularly affect organisations in the healthcare, financial
services, technology, media and consumer facing sectors.
What this will mean for you
Organisations may be liable for disclosures made by third
Powers of the Australian Information Commissioner will be
expanded and new penalties introduced.
Organisations that provide credit will be subject to new credit
While a year can seem like a long time, organisations should be
thinking about the implications for their policies and procedures
now to make sure they are compliant and don't risk fines and
negative publicity next year.
Make sure you are considering this important issue in your
organisation as soon as possible and seeking input from legal
advisers with specific knowledge regarding privacy laws where
Are you aware of how the changes to the Privacy Act affect your
Are you planning to move IT services to the cloud? If so what
jurisdiction will apply to privacy issues and how strong are
What plans do you have to develop your credit reporting
What plans do you have to review and assess the impacts of the
Privacy Act amendments?
it last reviewed?
When did you last update your collection statement? Do you have
the necessary consents to use this information?
How comfortable are you that your direct marketing will still
Who "owns" privacy within your organisation?
K&L Gates can assist you to answer these queries and ensure
that your organisation is ready for the changes to privacy
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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for Women citation acknowledging our commitment to workplace
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The article looks at the key changes to the Privacy Act and how the changes are likely to impact the insurance industry.
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