Business lobby rejects ‘data hoarding’ accusation after Optus breach

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Businesses face the prospect of a mass purge of customer data under an overhaul of privacy laws.

, saying companies are often forced to hold on to data at the behest of government for security or revenue reasons.

The telco has placed advertisements in weekend newspapers apologising to customers and vowing to win back their trust. “We also need to maintain an environment that encourages early disclosure when criminals steal data or infiltrate systems.”We also need to get on with allowing Australians to verify their identity without having to hand over sensitive information, particularly through accelerating the government’s long-running digital identity project.”

“Customers affected by the breach will receive multi-jurisdictional and multi-layered protection from identity crime and financial fraud.”Ms Gough said the AFP was monitoring online forums and the dark web, engaging with the financial sector and

 

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