
AIIA NSW GDPR Briefing - Impact of the new EU privacy law (GDPR) on Australian Businesses
Details:
Times: 7.30am Registration for 7.45am start 10.30am Formal finish
Confirmed Speakers
- The Hon, Victor Dominello MP, Minister for Finance, Services and Property | NSW Government
- Mike Pym, CEO | Gordian Lawyers
- Ben Robson, Partner | Oury Clark Solicitors
There is a new piece of legislation that will come into force in the EU (including the UK) on 25 May 2018 that provides individuals with a new set of privacy rights. The law’s reach beyond the shores of the EU and extends to any person who markets or sells goods or services (including for free!) to any EU country (including the UK) and/or who monitors the behaviour of EU individuals within the EU (e.g. tracking activities of individuals on a website).
Unlike many other privacy laws where it is largely a legal compliance issue, the GDPR requires a complete organisational re-think of privacy, with the need:
- to have documented procedures,
- proactively conduct impact assessments of risky data privacy processing,
- appointment of a Data Protection Officer (in some cases),
- a ‘privacy by design’ approach to its goods and services,
- amendments to supplier agreements, and
- a comprehensive review of all marketing and administrative processes in order to comply.
Whilst the GDPR is the talk of the town in Europe, studies have shown that there is little awareness of GDPR in Australia, and very few companies have an action plan to comply. The reality is that with such large organisational wide impact it is probably already too late to be ready for 25 May 2018, and companies will need to be implementing GDPR and managing their exposure at the same time.
Join us at this briefing to gain further insight on:
- What the GDPR is
- What are the key obligations are, and
- What are the key actions to be taken to prepare to meet the 1825 May deadline.