Optus, Australian government clash over massive data breach
Al JazeeraAPR 3 2022
Australians' data wasn't stolen through a complex and sophisticated attack; rather, Optus was left incredibly vulnerable through its own dereliction. Not only should Optus pay to replace all of the documents, but it should face extra financial penalties for its recklessness. It's time telecom companies take responsibility for their lax cybersecurity and the government raise the standards through legislation.
Cyber hacks are an increasing trend in today's digital world, and hacks like these aren't unique to Optus. The company now faces repercussions far beyond just fines: the inevitable damage to its reputation will likely far outweigh any punishment the government can impose.