Legal Obligation to Back-up
Australia
There are strict corporate governance requirements in Australia to protect corporate data and the responsibilities of company directors and managers in respect to data protection are covered in several areas of legislation.
Compliance with the Corporations Act
Section 1116 of the Corporations Act requires all records to be kept safe for 7 years.
Compliance with Tax File Number (TFN) Guidelines
Compliance Note 1/89 states: "Any recipients of TFN information are required to take all reasonable steps to ensure that security safeguards and procedures are in place to prevent unauthorized access or disclosure...whether it is stored in physical or electronic form." An office desk, post office box or home office would not pass the "reasonable steps" test, if that is where backups are stored.
Compliance with the Privacy Amendment (Private Sector) Act 2000
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