The Federal Government says that Australia is out of date regarding cybersecurity, and the government should be able to penalise companies such as Optus if a data breach occurs.


Tiffanie Turnbull writing for BBC News, makes the following points:
  • Payment details and account passwords were not compromised, but almost 37,000 Medicare cards were.
  • Roughly 2.8 million people - are at a "quite significant" risk of identity theft and fraud.
  • The hacker claims a freely accessible software interface enabled the hack (Optus says it was sophisticated).
  • Some countries have fines of hundreds of millions of dollars-capped at about $2m here.
  • Data retention laws could be amended to reduce the time required to keep records.


Recent Runway Posts related to this topic:
References from the Web:
Source Information: