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AAP
AAP
Politics
Andrew Brown

New laws to crack down on data hacking

Optus Mark Dreyfus Medibank
Attorney-General Mark Dreyfus says higher penalties will make companies have strong cyber security. (Mick Tsikas/AAP PHOTOS) (AAP)

Companies will soon face tougher fines if their customer data is hacked, under new laws introduced to federal parliament.

The laws brought in by the government in the wake of the Optus and Medibank data breaches, will increase the penalty for data breaches from $2.2 million to at least $50 million.

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