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News

11 January 2013

Australian government proposed to introduce mandatory data breach notification laws

Australian government proposals aimed at introducing mandatory data breach notification laws have drawn the ire of banks in the country, which claim that the proposed laws could create alarm among customers.

Although similar laws are in place or being considered in areas such as Europe, the Australian Bankers Association claims that such laws could lead to concern being “disproportionate” to the actual level of risk.

http://www.paymentscardsandmobile.com/