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Australia scrutinises data governance code

Hafizah Osman | June 23, 2017
How do your data governance practices measure up?

“This body exists to assist businesses to thrive through innovation and to promote greater productivity while enhancing consumer trust and greater regulatory compliance.  Ensuring that businesses gain the trust of consumers is vital, as is the empowerement of the business user through the collective establishment and enforcement of responsible data-practices.” 

As per the Australian Government Public Data Policy Statement, the Australian Government recognises the importance of effectively managing this data for the benefit of Australians.

“The Australian Government commits to optimise the use and reuse of public data; to release non sensitive data as open by default; and to collaborate with the private and research sectors to extend the value of public data for the benefit of the Australian public,” it mentioned in the statement.

As it stands, under new laws passed in Parliament on 13 February, Australian businesses with an annual turnover of $3 million or more will have to disclose information breaches that involve individuals’ personal information. 

The Privacy Amendment (Notifiable Data Breaches) Bill 2016 was introduced into Parliament on 19 October last year, and was passed into law after debate in the Senate on 13 February. 

The DGA Draft Code of Practice is available for public consultation until 21 July for feedback from industry, consumer groups, and government stakeholders. DGA is also consulting with relevant government bodies and industry stakeholders about data portability issues. 

 

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