Expanding Into Australia
Avoiding the Bite of Data Risk
February 06, 2024DownloadsDownload Brochure
As you contemplate the compelling opportunities of expanding your business into Australia alongside the promise of growth, you should also consider any data-related challenges. Much like the fearsome reputation of Australian wildlife, the perceived ‘danger’ of these challenges can be tamed through understanding and strategic risk mitigation.
In the past year, Australia has experienced a series of pivotal events that have reshaped the data risk landscape, including high-profile public data breaches, significant increases in penalties, fresh government funding initiatives, the establishment of new senior government positions, and the government’s recent stance on proposed privacy reforms.
The prevailing sentiment is that every corporate entity operating in Australia bears a solemn responsibility to safeguard the personal information of individuals. Any lapses in this regard are now met with swift and stern punitive measures and public backlash. The Australian Government has displayed a heightened sense of urgency and unwavering determination to enforce compliance in areas of information governance, data privacy and security, leaving little tolerance for non-compliance.
In this booklet, we help you understand and navigate the landscape of data challenges, including the intricate terrain of the Australian Privacy Act 1998 and Spam Act 2003. We shed light on potential pitfalls and equip you with the knowledge and strategies to manage these risks.