News from Al-Madinah: After two major computer breaches that exposed millions of people to criminal activity, the Australian government suggested stiffer sanctions on firms on Saturday.
Prosecutor Mark Drifus said on Saturday in Melbourne, that the sanctions on the grave violations of the privacy law will rise from $ 2. 2 million Australian ($ 1. 4 million) now to $ 50 million ($ 32 million) under amendments that will be presented to Parliament next week.
According to the new regulation, huge corporations might be subject to fines of up to hundreds of millions of dollars.
“Sanctions have been increased significantly. It is intended to provoke thought in businesses. They are intended to act as a deterrent to ensure that businesses safeguard the data of Australians “reporters reported that.
The first day of Parliament’s business since the middle of September is Tuesday.
Since the last Parliamentary session, unidentified thieves have stolen personal information from 9.
The second-largest wireless telecommunications provider in Australia, Opts, has 8 million customers.
More than a third of Australia’s population was affected by this crime, leaving them more vulnerable to identity theft and fraud.
Unidentified internet criminals called on a ransom of (Medipank), the largest health insurance company in Australia, after they claimed that they stole 200 GB of customer data, including medical diagnoses and treatments.
Knowing that the company had 3. 7 million clients, pirates threatened to publicise the medical cases of well-known Medicine 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).
News on Sky.
Australia suggests severe sanctions following two breaches to safeguard customer data.
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