ZD Net reports on comments by Symantec Principal Consultant John Reeman at this week’s Symantec Symposium that when it comes to privacy-law changes on the horizon, “Businesses are out of time.” The report cites the privacy commissioner’s fining powers and the passage of mandatory data breach notification legislation through the Lower House, with an expectation it will go before the Senate in November. “This law is coming. The fines are significant. There are no excuses anymore. You need to do something,” Reeman said.
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