Australia reports massive data breach

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Australia reports massive data breach

Albanese called it a massive breach and a huge wake-up call for the corporate sector, but Albanese said there were some state actors and criminal organisations who want to access people's data.

Albanese told radio station 4 BC that we want to make sure that we change some privacy provisions so that people are not caught up like this, so that banks can protect their customers as well.

The federal government wants to require businesses to alert banks in the event that customer data is compromised, so that they can monitor affected accounts for suspicious activity, Australian media reported.

Over the weekend, Australia has been looking to beef up its defence and in 2020 has pledged to spend $1.66 billion US $1.1 billion for the network infrastructure of companies and households, and over the weekend more details would be announced by the government.