Australia unveils privacy rule changes after Optus data breach

FILE PHOTO: A woman uses her mobile phone as she walks past in front of an Optus shop in Sydney, Australia, February 8, 2018. REUTERS/Daniel Munoz

SYDNEY: Australia has proposed an overhaul of consumer privacy rules that will help facilitate targeted data sharing between telecommunication firms and banks following a massive data breach at Optus, the country’s second-largest mobile operator.

Last month’s cyber attack on Optus, owned by Singapore Telecommunications Ltd or Singtel, was one of Australia’s biggest data breaches.