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Regional Australia Bank breached data-portability privacy safeguards, regulator says

By Saloni Sinha ( May 28, 2025, 07:39 GMT | Insight) -- In its first privacy determination under Australia’s data-portability rules, the privacy watchdog has found that Regional Australia Bank breached privacy safeguards due to the actions of its third-party service provider. Australian Privacy Commissioner Carly Kind said Regional Australia Bank had violated privacy safeguards 1 and 11 set out under the Consumer Data Right, which was introduced for the banking sector in July 2019 in a bid to stimulate competition in the sector. In its first privacy determination under Australia’s data-portability rules, the privacy watchdog has found that Regional Australia Bank breached privacy safeguards due to the actions of its third-party service provider....

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