Australia Privacy Amendment
The Australia Privacy Amendment (Notifiable Data Breaches) Act 2017, which became effective on February 22, 2018, mandates organizations to notify the Privacy Commissioner and affected individuals in the event of data breaches. Thales offers a solution through their CipherTrust Data Security Platform to assist organizations in achieving compliance with this Act.
Thales' CypherTrust Data Security Platform Features
Thales provides the necessary tools for organizations to enhance their data security and comply with the Australia Privacy Amendment (Notifiable Data Breaches) Act 2017. The CypherTrust Data Security Platform offers robust access management and authentication capabilities, data-at-rest encryption, secure key management, and granular privileged access controls. These features are designed to protect sensitive information and mitigate the risks of data breaches.
Regulation and Penalties Overview
The Privacy Amendment (Notifiable Data Breaches) Act 2017 imposes penalties for failure to notify the Privacy Commissioner and affected individuals of data breaches. Organizations found in serious violation of this Act can face fines of up to AU$1.8 million. Thales' solution aims to help organizations avoid such penalties by providing the necessary security measures to prevent data breaches and ensure compliance with the regulatory requirements.
Related Regulations and Compliance Solutions
In addition to the Australia Privacy Amendment (Notifiable Data Breaches) Act 2017, other key data protection and security regulations such as GDPR, PCI DSS, and Data Breach Notification Laws are also highlighted. Thales offers comprehensive compliance solutions to address these regulations, ensuring that organizations can effectively manage and protect their data in line with global standards and legal requirements.