In December 2020, New Zealand’s Privacy Act 2020 came into effect, updating many outdated requirements from the 1993 edition.
Despite the changes coming into force, a huge number of businesses are non-compliant.
A recent review from GrowNZ Business found that 77% of businesses* they looked at have not taken the first step of having their privacy statement published on their website, as required by law when collecting personal data.
Managing director Jamie Farmer (pictured) says one of the biggest barriers for businesses to be compliant is simply awareness of the change in legislation and knowledge of what is required to comply.
“Two of the most common mistakes are not advising customers how their data will be used and not advising the relevant authority if the business has a breach.
“The good news is the former, which is one of the most common areas of non-compliance we found, is one of the easiest to remedy.”
With penalties for non-compliance increasing from $2,000 to $10,000, it’s important for businesses of any size to ensure they are meeting their obligations under the Act.
Grow NZ Business has put together an eBook and complimentary checklist to help business owners like you meet your requirements under the Privacy Act 2020.
*Statistic is based on 150 desktop reviews and a sample of informal interview reviews undertaken by Grow NZ Business.