---
title: "Privacy Update: Mandatory Notification of Data Breaches & the Opportunity to Increase Trust"
description: This  paper  discusses  the  key  governance  and  strategic  reasons  why  your  organisation  should  care  about  compliance  with  the  NDB  Scheme.
image: https://www.complispace.com.au/hubfs/Screenshot%202022-09-27%20135006.png
---

###### Document

## Privacy Update: Mandatory Notification of Data Breaches & the Opportunity to Increase Trust

30/10/17

![Resources](https://www.complispace.com.au/hubfs/Screenshot%202022-09-27%20135006.png)

This paper discusses the key governance and strategic reasons why your organisation should care about compliance with the NDB Scheme.

This paper explains:

- How organisations should use recently released OAIC guidance
- How regulators including ASIC, the ASX and APRA are addressing the issue of data security and in particular, how ASIC’s Corporate Plan for 2017–18 to 2020–21 (Corporate Plan) will impact upon an organisation’s approach to privacy and data security
- What the AICD is saying about cybersecurity and the NDB Scheme in its latest Essential Director Update: 17
- What practical steps organisations should be taking now to ensure compliance with the NDB Scheme by 22 February 2018
- The work CompliSpace has done to update the policies and procedures in our Privacy Program to ensure that the Program is up-to-date and available for implementation and use by organisations by 22 February 2018.

[Click here to download the briefing paper](https://complispace.box.com/s/a5ybulnu4caui26ot5ophpbwjl9i1urn). 

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##### About the Author

![](https://www.complispace.com.au/hubfs/Untitled%20design%20(24).png)

**Ideagen CompliSpace**

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