Schneier on Security: Australia Increases Fines for Massive Data Breaches

Schneier on Security: Australia Increases Fines for Massive Data Breaches. “After suffering two large, and embarrassing, data breaches in recent weeks, the Australian government increased the fine for serious data breaches from $2.2 million to a minimum of $50 million. (That’s $50 million AUD, or $32 million USD.)”

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