The federal government has flagged reforms to Australiaâs privacy laws in the wake of a cyberattack that left the data of up to 10 million current and former Optus customers exposed, including heftier penalties for companies that fail to safeguard usersâ personal data.
As the FBI joins the hunt for the hackers behind last week’s massive data breach at Optus, a second law firm has launched an investigation into possible claims against the telecommunications giant.
Telecommunications giant Optus may face a class action over a cyberattack that left the data of up to 10 million current and former customers exposed.
A data breach compromising the records of up to 9.8 million Optus customers has been referred to the Australian Federal Police for what the agency said would be a “complex, criminal investigation”.
The High Court will take up Meta’s challenge to the privacy commissioner’s case over the Cambridge Analytica data breach, giving the court the chance to rule on the jurisdictional reach of Australian regulators in their pursuit of US tech giants.
Latitude Finance has been hit with a $1.55 million penalty by the Australian Communications and Media Authority for breaching the Spam Act on more than 3 million occasions.
UK automotive distributor Inchcape has challenged a judgment that put insurer Chubb on the hook for some but not all of the financial losses stemming from a cyberattack that allegedly caused $4 million in loss.
Google has agreed to pay a $60 million penalty in proceedings brought by the Australian Competition and Consumer Commission alleging the tech giant misled users about the collection and use of their location data.
A judge who lashed âunsatisfactory cooperationâ between Chubb and British automotive distributor Inchcape has found the insurerâs policy covers some but not all costs stemming from a cyber attack which allegedly caused over $4 million in loss.
Bank of Queensland is the first bank to be caught for alleged breaches under the new Consumer Data Right scheme, paying a $133,200 penalty.