As Australian privacy law becomes more far-reaching in its extent, and carries heavier sanctions for breach, the interest of business in cost-effective compliance grows. How do we evaluate our privacy obligations, how do we take action to fulfil those obligations, and how do we demonstrate that we have done so?
The experience of the European Union with its strong regime of data protection may provide guidance to assist Australian industry in these matters. The new Data Protection Impact Assessment Template for Smart Grid and Smart Metering systems is a pioneering method whereby industry has worked together with government to make compliance reliable and cost-effective.