Sony’s PlayStation Network hack has demonstrated the need for Australia to adopt mandatory data disclosure laws. Phil Vasic said mandatory disclosure laws would help prevent similar security issues from arising again. Vasic recommended that Sony should go back to basics, ensuring that they create an easy-understood privacy policy for both internal staff and external customers. “Reputation has become such a big issue that Sony have recognised that they do millions of dollars of damage over the internet,” said Vasic. “I think certainly this would take it a step further and drive best practice””]
Source: https://www.csoonline.com/article/2128749/sony-hacks-show-need-for-data-breach-disclosure-laws.html