Communications watchdog suing Optus over data breach

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Communications watchdog suing Optus over data breach
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Some 10 million customers had their information stolen in what was one of the worst cyberattacks in Australian history.

Australia’s communications watchdog has launched Federal Court action against Optus over a September 2022 data breach in which around 10 million current and former customers had their personal data stolen in one of the worst cyberattacks in the nation’s history.

The Optus breach led to tougher penalties for serious or repeated breaches of customer data; organisations that fail to adequately protect people’s data now face fines of $50 million or more.after presiding over the data breach and then a subsequent mass outage just over a year later. Current NBN Co chief executive Stephen Rue is set to take the top job at Optus this coming November.

The telco posted its half-year financial results on Thursday with operating revenue down 1.1 per cent year-on-year amid lower revenues for its enterprise unit, though mobile service revenues climbed higher. The company added 116,000 mobile customers for the full-year ending March 31, 2024.

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