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Australia plans telecom-law update following Optus data breach

( October 6, 2022, 04:11 GMT | Official Statement) -- MLex Summary: The Singtel Optus mass-data breach that has compromised the data of almost 10 million Australians has prompted the national government to prepare changes to the country's telecommunications regulations. In a joint statement today, Australian Treasurer Jim Chalmers and Minister for Communications Michelle Rowland said the regulatory changes would allow Optus and other telcos to better coordinate with financial institutions, and authorities to better detect and avoid the risk of cyber security incidents.The full statement from the Australian Treasurer and Minister for Communications follows: ...

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