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Data breach numbers hit three and a half year high, OAIC says
The privacy regulator was alerted to hundreds of data breaches in the first half of 2024, the highest number in three and a half years, a new report shows.
Real estate ‘mogul’ Sasha Hopkins to cop $1.25M penalty in ASIC case
Self-described property 'mogul' Sasha Hopkins has agreed to pay a $1.25 million fine and face a four-year disqualification in proceedings by the corporate regulator.
Privacy reform kicks off with new tort for ‘serious’ invasions
A promised overhaul of the Privacy Act has begun with reforms that make doxxing a crime and could see businesses face new claims, including class actions, for serious invasions of privacy.
ASIC’s former deputy chair Karen Chester cleared by corruption watchdog
The corruption watchdog has issued a statement in response to reports suggesting ex-ASIC official Karen Chester faced an investigation, saying the deputy chair was never the subject of a probe.
AUSTRAC claims Star walked back admissions in money laundering case
AUSTRAC has taken The Star to task for making statements that are inconsistent with admissions the casino has made in the regulator's case over its alleged failure to comply with its money laundering obligations.
Judge strikes out ACCC’s entire claim against Meta over crypto ads
Over objections from the ACCC, a judge has struck out the regulator's entire case against Meta over scam cryptocurrency ads on Facebook after it clarified that each allegedly misleading ad should be a separate contravention.
CFMEU secretary Michael O’Connor taken to court by APRA
The prudential regulator has filed court action against First Super co-chair and CFMEU manufacturing division boss Michael O'Connor, alleging he breached his director's duties under superannuation laws when he hired a union official to work for the fund.
Deloitte appointed administrators of Keystone despite ‘baggage’
A judge has ruled that two Deloitte partners can act as administrators for embattled wealth manager Keystone, replacing two voluntary administrators from KordaMentha, despite an alleged risk of conflict due to past work for the company.
ACCC signs off on Optus, TPG network sharing deal
The competition watchdog has approved a blockbuster regional network sharing deal expected to boost TPG’s regional coverage as well as Optus’ 5G rollout, after rejecting a similar deal between TPG and Telstra.