Australia Passes Bill to Fine Companies up to $50 Million for Data Breaches
Wednesday 30 November 2022
Add Comment
The Australian government has passed a bill that markedly increases the penalty for companies suffering from serious or repeated data breaches. To that end, the maximum fines have been bumped up from the current AU$2.22 million to AU$50 million, 30% of an entity's adjusted turnover in the relevant period, or three times the value of any benefit obtained through the misuse of information,
from The Hacker News https://ift.tt/liF7SCw
Genrerating Link.... 15 seconds.
Your Link is Ready.
0 Response to "Australia Passes Bill to Fine Companies up to $50 Million for Data Breaches"
Post a Comment