An Australian security vendor says the nation should follow the UK's lead in imposing steeper fines for serious data breaches. Starting 6 April, the British ICO will have the authority to levy fines for serious data breaches up to £500,000, SC Magazine reports. "Clearly it would benefit the rest of the world to follow this lead," said a spokesman for security vendor Imperva. However, some experts say the law should differ from that proposed in the UK to put greater emphasis on data security rather than on data breach disclosures. Mandatory disclosure regulations are expected to be introduced as part of ongoing privacy law updates in Australia, the report states.
If you want to comment on this post, you need to login.