It is the obligation of the Fed to manage something for the country in case of disorder in law.

Australia companies will have to inform the public about personal information that may be leaked in their system. This is done in control of information under a bill introduced in federal parliament today.

This topic is debated in Australia for a couple of years, the law for this moved slowly compared to those related to more electoral funding that is accomplished within 90 seconds.

Where organizations fall under the data breach notification proposal, they have to notify breach description, the information in the breach and steps advised in response to that breach.

If the individuals can’t be notified, the bill (the Privacy Amendment (Privacy Alerts) Bill) states that it needs public announcement. The notification or publication should be strong enough in order that the public can do.

In other perspective, if someone tries to control and reduce the breach, they will be caught up: the commissioner will have the power to order disclosure by a company especially a breach about personal information, credit report or eligibility information, tax file numbers and so on.

Source: http://www.theregister.co.uk