Prosecutor Mark Drifus stated on Saturday in Melbourne that under amendments that will be introduced to Parliament next week, the penalties for serious violations of the privacy law will increase from $ 2. 2 million Australian ($ 1. 4 million) to $ 50 million ($ 32 million).
According to the new regulation, huge corporations might be subject to fines of up to hundreds of millions of dollars.
“The sanctions have been significantly increased. It is intended to provoke thought in businesses.
They are intended to be dissuasive so that businesses secure the data of Australians, according to reporters.
The first day of Parliament’s business since the middle of September is Tuesday.
Unknown thieves have stolen the personal information of 9.8 million users of (Opts), Australia’s second-largest cellular telecommunications carrier, since the last session of Parliament.
More than a third of Australia’s population was affected by this crime, leaving them more vulnerable to identity theft and fraud.
The largest health insurance provider in Australia, Medipank, was demanded for a ransom by unidentified internet thieves who claimed to have stolen 200 GB of patient data, including medical diagnosis and treatments.
Pirates threatened to announce the medical cases of prominent Medicine customers, knowing that the company has 3. 7 million customers.
Drivus anticipates that the proposed adjustments will be discussed during the final four weeks of the current legislative session because no additional penalties will be applied retroactively or have an impact on (Opts) or (Medipank)..
Australia suggests severe sanctions following two breaches to safeguard customer data.
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