ACCC seeks testers for new data-sharing regime
The Australian Competition and Consumer Commission (ACCC) is seeking parties to participate in early testing of the new data-sharing system, the Consumer Data Right (CDR).
The Australian Competition and Consumer Commission (ACCC) is seeking parties to participate in early testing of the new data-sharing system, the Consumer Data Right (CDR).
The government says it will legislate increase the penalties that can be levied under the Privacy Act to 10 per cent of a company’s turnover, $10 million or three times the value of a benefit obtained through the misuse of information, whichever is greater, up from a current cap of $2.1 million for serious or repeated breaches.