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Submission + - Australia's manadatory data breach notification revealed (

mask.of.sanity writes: Australia's plans for a data breach notification scheme have been revealed which will force organisations to report serious breaches to affected victims. The plans, which are still in a draft form, show that the country's privacy commissioner could force businesses to inform press if the breaches are bad enough, pursue fines of up to $1.7 million for organisations that are repeatedly breached and force businesses to adopt stronger security controls.
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Australia's manadatory data breach notification revealed

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I've got a bad feeling about this.