Crown Resorts has reached agreement on a proposed penalty in AUSTRAC’s case alleging “widespread and serious non-compliance” with anti-money laundering and counter terrorism financing laws, but the presiding judge says more information is needed for the court to fix a fine.
Google has denied class action that it distorted competition in the app marketplace and left consumers paying higher prices, pointing out in its defence there are alternative app stores on its Android platform.
A city council in the Hunter Valley region is set to appeal to the High Court a decision that found it was liable to pay a flight company over $3.6 million in damages for wasted expenditure after it repudiated a contract to lease land at the local airport.
A silk who represented mining giant Wright Prospecting in long-running litigation over the Hope Downs mine has been appointed to the bench of the NSW Court of Appeal.
Commonwealth Bank and other lenders of failed steel giant Arrium have lost a second attempt to put two of the company’s directors on the hook for alleged misleading representations on loan drawdown notices ahead of its $2.8 billion collapse.
US facial recognition company Clearview breached Australian privacy laws by trawling the web for photos of Australians for use by law enforcement agencies, the Administrative Appeals Tribunal has found.
Australian and New Zealand authorities have launched a joint investigation into the personal data handling practices of the Latitude group of companies, in the wake of a cyberattack that resulted in the theft of 14 million customer records.
One of the country’s largest software companies has entered a trading halt after detecting unauthorised third-party access to its internal IT system.
The state of Victoria has foreshadowed a High Court challenge in its fight to stay a class action over the 2020 hotel quarantine in light of criminal action, an appeal it said raised issues relating to the “increasing and regular prosecutions” of government and corporate entities over health and safety laws.
With legal practices shaping up as a ripe target for cyberattacks, experts say many firms have a long way to go in implementing best practice cybersecurity to avoid potentially “catastrophic” outcomes.