Privacy Act changes set to impact accounting firms

Check This Out Accounting firms are being encouraged to obtain cyber insurance following changes to the Privacy Act that impacted their data breach disclosure requirements.Accountancy Insurance associate director of professional risks, Karen McDonald, told Accountants Daily that the Privacy Amendment (notifiable data breaches) Act 2017, which amended the Privacy Act 1988 (cth), impacted reporting requirements for accounting firms that suffer data breaches.

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