Compensation for Privacy Breaches (Oct 2022 to July 2024) – Privacy Law Update

In this update, Stephens Lawyers & Consultants provides an overview of the compensation awarded in privacy breach determinations made during October 2022 – July 2024 by the OAIC and some of the factors it took into account in awarding compensation and costs.
With long awaited changes to the Privacy Act now imminent, businesses cannot afford to be complacent about privacy compliance.

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Compensation for Privacy Breaches

The Optus data breach involving the disclosure of personal information of about 10 million Optus customers, exposes Optus to claims for compensation under the Privacy Act 1988 (Cth) and also to possible claims for breach of contract, negligence and contravention of the Australian Consumer Law.

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Victorian Privacy Laws

Privacy breaches in Victoria (Vic) involving an individual’s personal and sensitive information can result in psychological and physical damage and financial losses. An individual affected by a privacy breach may be able to seek compensation and other remedies…

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