The GRC Professional Podcast is a production of the Australian Compliance Institute to help risk and compliance professionals keep up to date with industry news, new ideas and regulatory updates. https://www.compliance.org.au/
Grant Thornton Head of Risk and Compliance Jo-Anne Hayes talks about the importance of having privacy policies around the onboarding and use of digital, online tools, pilots and free trials.
4 Dec 2023
Considering The Fair & Reasonable Test
Would your company pass the Fair and Reasonable Test?
“People have started saying ‘well, we shouldn’t just be thinking about could-we, but we should be thinking about should-we. And I think if you bundle up fair and reasonable, if you bundle up privacy as a human right, if you bundle up potential rights to claim against companies, that should-we questions could be your north star and your guiding light until we have actual legislation to live by.” – Lyn Nicholson, General Counsel, Holding Redlich.
The Australian government has agreed in principle to many recommendations made in the review of the Privacy Act—one of which is the fair and reasonable test, which will require regulated entities to make an impact assessment before collecting personal data for products or services.
Holding Redlich General Counsel Lyn Nicholson talks about the potential impact of the fair and reasonable test because it might not be a bad idea to use it as a guiding principle even though it is not a requirement…. yet.
Resources
• Government response to the Privacy Act Review Report: https://www.ag.gov.au/rights-and-protections/publications/government-response-privacy-act-review-report#:~:text=In%20its%20response%20to%20the,to%20best%20protect%20this%20information
• Dymocks confirms 1.2 million customers shared on the dark web in data breach: https://www.abc.net.au/news/2023-09-15/dymocks-confirms-1-million-customers-details-leaked/102863820
• Data Breach could cost Medibank $ 35 million in 2024: https://www.itnews.com.au/news/data-breach-could-cost-medibank-35-million-in-2024-599566
• Equifax fined $13.4 million following data breach: https://www.cshub.com/attacks/news/equifax-data-breach-fine
28 Nov 2023
Being Proactive On People Risk
Are there cultural challenges in your organisation? How are you measuring them? Are your solutions proactive or reactive? Have you developed a psychologically safe workplace?
Ombpoint Managing Director Lindall West stresses, the importance of proactively approaching people risk in organisations.
Resources
Respect@ Work: https://www.respectatwork.gov.au/
Anti-Discrimination and Human Rights Legislation Amendment (Respect at Work) Bill 2022: https://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/bd/bd2223a/23bd027#:~:text=The%20purpose%20of%20the%20Anti,2020)%20(the%20Report).
Ombpoint: https://ombpoint.com/organisations-are-auditing-their-culture-and-conduct-are-you/
Reach and audience
Public platform figures. Ratings count people who left a rating, not total listeners.
Apple Podcasts (US)
3.5 / 5
2 ratings
Spotify
5.0 / 5
1 ratings
Host of GRC Professional Podcast?
Claim your podcast to manage its listing and keep your show details accurate.
Pod Engine is an independent podcast discovery and analytics service and is not affiliated with or endorsed by this podcast. Artwork and show content belong to their owners. Full legal notice.
Explore this show Podcast research with Pod Engine
