Michael Fagan, former chief transformation officer at Village Roadshow, examines the proposed changes to the Privacy Act and how CIOs in Australia can prepare for them. Australian privacy legislation is about to undergo a major overhaul with more than 100 proposals under consideration, you can see the detail here. While the exact details of changes to the law remain unknown, there is much that organisations can do to prepare. Take inventory of what data you do holdDo you know what information you currently hold? Where it is held? Why it was collected and what the future usage of that data will…