Australia plans to toughen privacy rules to force companies to notify banks faster when they experience cyber attacks. Hackers targeted the country’s second-largest telecoms firm last week. Home addresses, drivers’ licences and passport numbers of up to 10 million customers, or about 40% of the population, were compromised. Prime Minister Anthony Albanese called the incident “a huge wake-up call” for corporate sector. Australia has been looking to beef up cyber defences and pledged in 2020 to spend A$1.66 billion ($1.1 billion)Read Long Article
