The changing Australian Privacy Principles: increased risks for employers
By Alec Christie, Joel Davis and Jaimie Wolbers
In an age where the management of data is largely electronic, employers have a much greater opportunity to collect and retain vast amounts of information, much more than ever before. This information is useful to have on file — but what are the risks?
With the new Australian Privacy Principles (APPs) taking effect from 12 March 2014, it is a timely reminder that Australian employers must observe strict requirements of handling employee-related information.
The risks an employer faces range from costly penalties of up to AUD1.7m (£920,000) for the company and AUD340,000 for individuals, unforeseeable investigations under the privacy commissioner’s new ‘own motion’ investigative powers and reputational damage…
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