Australia will overhaul its privacy rules to allow banks to be informed of data breaches in the corporate world, following a huge leak of personal information from the country’s second-biggest telecom.
Speaking on local radio on Monday, Prime Minister Anthony Albanese said the hacking of No 2 telecom Optus was a “huge wake-up call” that necessitated reforms that would alert financial institutions to cyberattacks and allow them to “protect their customers.”
