Data Breaches Notification Scheme

The Data Breaches Notification Scheme is a set of rules requiring organizations to tell people and authorities when their personal information has been involved in a security breach that could harm or compromise them. If there's a leak or security lapse that exposes sensitive data—like names, addresses, or financial info—the organization must promptly notify affected individuals and relevant regulators. This helps people take protective actions quickly and promotes transparency, encouraging organizations to improve their data security practices and prevent future breaches.