In a feature for Mondaq, David Grace of Cooper Grace Ward advises businesses dealing with personal information to prepare to comply with Australia’s new privacy amendments. Noncompliance, he writes, carries the risk of “penalties of up to $1.7 million for breaches by corporations and up to $340,000 for breaches by individuals.” Grace continues on to describe how the Privacy Amendment (Enhancing Privacy Protection) Act 2012 “essentially rewrites the existing privacy laws,” citing the introduction of the 13 Australian Privacy Principles for the handling of personal information among other facets of the amendments and offers tips for compliance. The amendments will come into effect on 12 March.
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