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Australian government will temporarily change telco laws amid Optus data breach

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Australians impacted by the Optus data breach are set to be given greater protection as authorities scramble to protect the personal information that was leaked online

Today, the Australian federal government has announced it will temporarily change the country’s telecommunication laws, paving the way for Optus to share sensitive data.

The move will see the divers licenses, alongside Medicare and passport numbers of impacted customers provided to financial institutions.

Allowing enhanced monitoring for those who were compromised in the cyberattack.

Optus will be working hand-in-hand with banks to monitor fraudulent activity, hopefully avoiding any breaches.

The government says all of the personal information must be immediately destroyed once it is no longer deemed necessary.

When announcing the changes, Communications Minister Michelle Rowland said financial institutions have been proactive throughout this process – but elements of the Optus response have previously been criticised.

The breach affected nearly 10 million customers and former customers, sending the country into a panic.

Australian Treasurer Jim Chalmers says this latest move is designed to help keep impacted residents safe from cyber crime.

This unprecedented move now sits with the Governor General who is required to give final approval.

Australians are told the regulations will remain in place for a period of 12 months.

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

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Unpacking crypto ‘prop trading’

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What is crypto proprietary trading and how can it benefit you?

Bitcoin 101 is an exciting talk show that educates viewers on safe participation in crypto markets, providing timely updates and expert insights for informed decision-making.

Hosted by the Managing Director of Crypto CallsCheyne Kupfer.

In this episode, Cheyne sits down with Growth Partner at Crypto Calls, Jack Birkinshaw to talk all things prop trading.

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The art of technical analysis

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How can we master the art of technical analysis in the crypto space?

Bitcoin 101 is an exciting talk show that educates viewers on safe participation in crypto markets, providing timely updates and expert insights for informed decision-making.

Hosted by the Managing Director of Crypto CallsCheyne Kupfer.

In this episode, Cheyne unpacks technical analysis and how it can up your crypto game.

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Crypto: the benefits of government regulation

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How can government regulation lead to greater trust and interest in cryptocurrency?

Bitcoin 101 is an exciting talk show that educates viewers on safe participation in crypto markets, providing timely updates and expert insights for informed decision-making.

Hosted by the Managing Director of Crypto CallsCheyne Kupfer.

In this episode, Cheyne discusses the benefit of increasing government regulation in crypto.

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