Following the massive adoption of Oppus mobile operators, the Australian government announced that it will submit a draught law next week to significantly increase the penalties for privacy violations. According to the government, the new legislation will increase the maximum penalty for serious or persistent privacy violations to $ 50 million Australian dollars (32 million US dollars), or three times the value of any benefit the company receives as a result of the abuse.
It is significant that the current fine is $2. 22 million, and Attorney General Mark Drivos declared in a statement on Saturday that Australia needs tighter rules to control how businesses are managed by the vast quantity of data they gather, as well as tougher penalties to encourage good behaviour.
Drivos also added that “unfortunately, violations of great privacy in recent weeks have shown that the current guarantees are not sufficient, as it is not enough to look at any major violation of data as a cost to carry out business. ” According to a recent story by Bloomberg, the new proposed law will therefore provide the Australian Information Commissioner broader authority to address privacy abuses.
The Australian “Oppus” of Singapore Telecom, for its part, disclosed a significant security breach last month that exposed the data of 9. 8 million past and present users, among the greatest breakthroughs ever in the nation. The exposure of more than a million people’s identifying documents sparked worries about pervasive financial theft.
Knowing that “Oppus” is paying in advance in exchange for altering driver’s licences and passports, and that the entire expenditures, including bills and fines, can reach hundreds of millions of dollars, according to some estimates, this penetration threatens to create a disaster for the two companies.
For its part, “Singapore Communications” company stated that a second Australian company, “Dayalog”, was subjected to a cyber attack, noting that the attack gave the hackers access to data related to 20 customers and 1,000 current and previous employees in the company. Following a spike in customer fraud, the Australian telecoms operator “Tilstra” demanded earlier this month that the regulations governing the retention of data be reviewed.
Australia plans to enforce severe penalties for data violations.
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