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441 Australia increases penalties for data breaches after Optus, Medibank hacks

Tech Wire Asia
Dashveenjit Kaur @ Tech Wire Asia 3 place · 10/23/2022 19:30 EDT

Australia increases penalties for data breaches after Optus, Medibank hacks

Following a series of cyberattacks involving Optus and Medibank amongst others, Australia will be introducing laws to increase penalties for companies subject to major data breaches. The proposed changes would mean penalties for serious or repeated privacy breaches will increase from current A$2.22 million to A$50 million. Over the last one month, millions of Australians... Read more »

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