{"id":11550,"date":"2023-04-04T00:24:18","date_gmt":"2023-04-04T00:24:18","guid":{"rendered":"https:\/\/contentsecurity.com.au\/?p=11550"},"modified":"2023-04-04T00:31:56","modified_gmt":"2023-04-04T00:31:56","slug":"how-recent-changes-to-the-privacy-act-affect-your-business","status":"publish","type":"post","link":"https:\/\/contentsecurity.com.au\/how-recent-changes-to-the-privacy-act-affect-your-business\/","title":{"rendered":"How recent changes to the Privacy Act affect your business"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"11550\" class=\"elementor elementor-11550\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1f6e5666 elementor-section-boxed elementor-section-height-default elementor-section-height-default parallax_section_no qode_elementor_container_no\" data-id=\"1f6e5666\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-340a8883\" data-id=\"340a8883\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-16f84db elementor-widget elementor-widget-text-editor\" data-id=\"16f84db\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>The federal <strong>Privacy Act 1988<\/strong> was recently amended for the eleventh time, and it\u2019s crucial you check to see if your business complies with the legislation.<\/p><p>Here\u2019s your guide to what the latest changes mean.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7aba9d2 elementor-widget elementor-widget-text-editor\" data-id=\"7aba9d2\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<h3><strong>What is the Privacy Act, and does it apply to you?<\/strong><\/h3>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-88daf79 elementor-widget elementor-widget-text-editor\" data-id=\"88daf79\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>The <strong>Privacy Act 1988<\/strong> (Privacy Act for short) aims to promote and protect the privacy of individuals. It also regulates how Australian Government agencies handle personal information, and the regulations are stricter for sensitive personal information rather than other types of personal information.<\/p><p>Organisations, including businesses with a $3-million-plus annual turnover, are within the act\u2019s ambit. However, other <a href=\"https:\/\/www.oaic.gov.au\/privacy\/the-privacy-act\/rights-and-responsibilities#WhoHasResponsibilitiesUnderPrivacyAct\"><span style=\"text-decoration: underline;\"><strong>organisational types<\/strong><\/span><\/a>, which turn over <em>less<\/em> than $3 million a year, are also included in the Act.<\/p><p>Then, the<strong> Privacy Act<\/strong> also covers particular acts and practices of other small businesses. Specifically, they relate to anti-money laundering, counter-terrorism financing, residential tenancy databases and conducting a protected action ballot.<\/p><p>You\u2019ll need to comply if your business is exposed to any of those categories above during its activities. Seek legal advice if you\u2019re unsure.<\/p><p>Even if you don\u2019t think the act applies to your business, it\u2019s still good practice to follow the privacy provisions and the work of the agency that enforces it \u2013 the <a href=\"https:\/\/www.oaic.gov.au\/privacy\/privacy-legislation\/the-privacy-act\/rights-and-responsibilities\"><span style=\"text-decoration: underline;\"><strong>Office of the Australian Information Commissioner (OAIC).<\/strong><\/span><\/a><\/p><p>Be sure to keep updated on the <strong>Privacy Act<\/strong>; it\u2019s already been amended <span style=\"text-decoration: underline;\"><strong><a href=\"https:\/\/www.legislation.gov.au\/Series\/C2004A03712\">11 times<\/a><\/strong><\/span> in the past three years, and, says <em><span style=\"text-decoration: underline;\"><a href=\"https:\/\/www.theguardian.com\/australia-news\/2023\/jan\/19\/right-to-be-forgotten-australia-europe-gdpr-privacy-laws\">The Guardian<\/a><\/span>, <\/em>further reforms are on the cards<em>.<\/em> They\u2019re likely to mimic <a href=\"https:\/\/gdpr.eu\/\"><span style=\"text-decoration: underline;\">European-style privacy reforms<\/span><\/a>. And <span style=\"text-decoration: underline;\"><strong><a href=\"https:\/\/www.afr.com\/policy\/economy\/cabinet-readies-to-modernise-digital-economy-rules-20230117-p5cd68\">The Australian Financial Review<\/a><\/strong><\/span> reported in January 2022 that the federal government plans to reduce from 90% the number of Australian businesses exempt from privacy obligations.\u00a0<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2f55df8 elementor-widget elementor-widget-text-editor\" data-id=\"2f55df8\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<h3><strong>The recent changes<\/strong><\/h3>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-53be7bc elementor-widget elementor-widget-text-editor\" data-id=\"53be7bc\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Here\u2019s a list of the key changes:<\/p><ul><li>Serious or repeated privacy breaches risk an <strong>increased fine of up to $50 million <\/strong>for businesses or organisations and $2.5 million for an individual. They may be regarded as a criminal offence<\/li><li>A stronger <span style=\"text-decoration: underline;\"><a href=\"https:\/\/www.oaic.gov.au\/privacy\/notifiable-data-breaches\/about-the-notifiable-data-breaches-scheme\">Notifiable Data Breaches<\/a><a href=\"https:\/\/www.oaic.gov.au\/privacy\/notifiable-data-breaches\/about-the-notifiable-data-breaches-scheme\"> scheme<\/a><\/span><\/li><li><strong>New powers<\/strong> and more funding for the OIAC to demand information, investigate and impose penalties for actual or suspected privacy breaches<\/li><li>Enhanced OIAC powers for <strong>two-way sharing of information<\/strong> with other enforcement regulators and bodies, including the <a href=\"https:\/\/www.acma.gov.au\/\"><span style=\"text-decoration: underline;\"><strong>Australian Communications and Media Authority<\/strong><\/span><\/a>, and<\/li><li>Expanded coverage to practices <strong><em>outside<\/em> of Australia<\/strong>, if the entity operates in Australia, or collects or holds information about us directly from an Australian source.<\/li><\/ul><h6>\u00a0<\/h6><p>For more detail, check the legal wording of the latest version of the <a href=\"https:\/\/www.legislation.gov.au\/Details\/C2022C00361\"><span style=\"text-decoration: underline;\"><strong>Privacy Act<\/strong><\/span><\/a>. For the amendments, this <a href=\"https:\/\/www.aph.gov.au\/Parliamentary_Business\/Bills_Legislation\/Bills_Search_Results\/Result?bId=r6940\"><span style=\"text-decoration: underline;\"><strong>official parliamentary website<\/strong><\/span><\/a> gives an insight into the legislation\u2019s passage through the Australian Parliament before it was gazetted on 12 December 2022. It\u2019s called the <em>Privacy Legislation Amendment (Enforcement and Other Measures) Bill 2022<\/em>.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b076c91 elementor-widget elementor-widget-text-editor\" data-id=\"b076c91\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<h3><strong>What your business needs to do<\/strong><\/h3>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6a2c11a elementor-widget elementor-widget-text-editor\" data-id=\"6a2c11a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Businesses are encouraged to review and bolster their process and systems to make sure they comply with the act and related laws. As well as auditing your processes, another way to manage privacy breaches that occur in your business due to cyber attacks is insurance.<\/p><p>Expect the data security gaps between levels of government \u2013 such as in <a href=\"https:\/\/ovic.vic.gov.au\/wp-content\/uploads\/2022\/07\/Submission-Department-of-the-Prime-Minister-and-Cabinet-Australian-Data-Strategy-OVIC-comments.pdf\"><span style=\"text-decoration: underline;\"><strong>Victoria<\/strong><\/span><\/a>, <a href=\"https:\/\/www.digital.nsw.gov.au\/policy\/data-strategy\"><span style=\"text-decoration: underline;\"><strong>NSW<\/strong><\/span><\/a> and local government \u2013 to be bridged. You can get an inkling of the inconsistencies from <a href=\"https:\/\/www.oaic.gov.au\/engage-with-us\/submissions\/oaic-submission-to-department-of-the-prime-minister-and-cabinets-consultation-on-the-australian-data-strategy\"><span style=\"text-decoration: underline;\"><strong>OAIC<\/strong><\/span><\/a>.<\/p><p>The previous federal government issued a whole-of-economy vision for data \u2013 the <a href=\"https:\/\/ausdatastrategy.pmc.gov.au\/sites\/default\/files\/2021-12\/australian-data-strategy.pdf\"><span style=\"text-decoration: underline;\"><strong>Australian Data Strategy<\/strong><\/span><\/a>. Next came a discussion paper for a <a href=\"https:\/\/www.homeaffairs.gov.au\/reports-and-pubs\/files\/data-security\/nds-action-plan.pdf\"><span style=\"text-decoration: underline;\"><strong>National Data Security Action Plan<\/strong><\/span><\/a>, released in December 2021. It set out issues in the data security landscape that need harmonising. The Department of Home Affairs received 81 submissions about it by mid-2022, and it\u2019s still consulting with industry and governments. Check this <span style=\"text-decoration: underline;\"><strong><a href=\"https:\/\/www.homeaffairs.gov.au\/reports-and-publications\/submissions-and-discussion-papers\/data-security\">official<\/a><a href=\"https:\/\/www.homeaffairs.gov.au\/reports-and-publications\/submissions-and-discussion-papers\/data-security\"> webpage<\/a><\/strong><\/span> for updates because those loopholes are on the agenda to be closed.<\/p><p>The onus is on businesses to improve the way they manage privacy risks. The bottom line is that privacy risks can <em>no longer<\/em> be seen as just a risk of doing business.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-7fa2ee99 elementor-section-boxed elementor-section-height-default elementor-section-height-default parallax_section_no qode_elementor_container_no elementor-invisible\" data-id=\"7fa2ee99\" data-element_type=\"section\" data-settings=\"{&quot;animation&quot;:&quot;fadeInDown&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-3c617dcd\" data-id=\"3c617dcd\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6f7364fc elementor-widget elementor-widget-heading\" 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Here\u2019s your guide to what the latest changes mean. What is the Privacy Act, and does it apply to&#8230;<\/p>\n","protected":false},"author":5,"featured_media":11551,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.10 (Yoast SEO v22.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How recent changes to the Privacy Act affect your business<\/title>\n<meta name=\"description\" content=\"The federal Privacy Act 1988 was recently amended for the eleventh time, and it\u2019s crucial you check to see if your business complies with the legislation. 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