Bill Toulas reports: The Australian parliament has approved a bill to amend the country’s privacy legislation, significantly increasing the maximum penalties to AU$50 million for companies and data controllers who suffered large-scale data breaches. The financial penalty introduced by the new bill is set to whichever is greater: AU$50 million Three times the value of…
Category: Legislation
Au: Significantly larger privacy breach fines pass Parliament
Denham Sadler reports: Companies now face a fine of $50 million for “serious or repeated” privacy breaches while the privacy watchdog will have stronger powers after legislation passed Parliament on Monday. The Privacy Legislation Amendment (Enforcement and Other Measures) Bill 2022 passed both houses of Parliament with bipartisan support on Monday with a minor amendment, and will…
The LinkedIn-HiQ Labs Case and Data Scraping in the US: Some Takeaways
Odia Kagan of Fox Rothschild writes: What does the summary judgment granted to Linkedin in the famous Linkedin-HiQ Labs case teach us about data scraping in the US? Here are some of my thoughts on what the U.S. District Court for the Northern District of California ruling means. Bottom line: Summary judgment was granted to…
Indian govt Govt plans penalty of up to Rs 500 crore for data breach
Pankaj Doval reports: The government on Friday released the draft personal data protection bill, seeking to provide a framework for a strict user-consent regime for data processing, along with a penalty of up to Rs 500 crore for data breaches by social media and net companies while offering concessions to tech firms. Read more about…
FTC Announces Six-Month Extension for Compliance with Some Changes to Gramm-Leach-Bliley Safeguards Rule
Hunton Andrews Kurth writes: On November 15, 2022, the Federal Trade Commission announced a six-month extension for companies to comply with certain updated requirements of the Gramm-Leach-Bliley Act’s Safeguards Rule, a set of data security provisions covered financial institutions must implement to protect their customers’ personal information. The new deadline is June 9, 2023. The FTC announced updates to…
New South Wales gets first state-based data breach notice scheme
Justin Hendry reports: New South Wales will have Australia’s first mandatory data breach notification scheme for public sector entities in place within a year after state government legislation passed Parliament. The Privacy and Personal Information Protection Amendment Bill underpinning the long-promised regime sailed through the Legislative Council last night without amendment, having passed the Legislative Assembly…