What is Data & How is it Protected Under Australian Law?
'Data’ can be broadly defined as any information that has been reduced to characters, words, numbers, images, sound or video. Data can be collected to form 'datasets', a collection or record of data organised according to a common context or criteria.
Data can be categorised according to the nature of the information it contains, for example, health data, personal data, research data, business data and consumer data.
The amount of data created globally is growing at an exponential rate. Data can be a major source of value for businesses in an economic sense, and valuable to individuals on privacy grounds.