Latest cybersecurity reporting from selected sources.

Australian Clinical Labs Ordered to Pay $3.8 Million Over Pathology Unit Data TheftAn Australian court has fined a medical lab $5.8 million for cybersecurity failures leading up to - and following - a 2022 cyberattack that affected 223,000 patients. The penalty marked the first time Australia has levied a civil monetary fine for violations of its Privacy Act of 1988.

Australian Clinical Labs Ordered to Pay $5.8M in Data Theft at Medlab Pathology UnitAn Australian court has fined a medical lab $5.8 million for cybersecurity failures leading up to - and following - a 2022 cyberattack that affected 223,000 patients. The penalty marked the first time Australia has levied a civil monetary fine for violations of its Privacy Act of 1988.

Telecom May Face Up to $2.22 Million Per Violation in FinesThe Australian privacy watchdog sued Optus, saying the country's second largest telecom failed for years to protect sensitive customer data breached during a September 2022 incident affecting nearly 10 million people. The regulator said Optus faces a potential fine of up to AU$21.9 trillion.

M&T Bank's Karen Boyer on Need for Shared Responsibility with Telecoms, Tech FirmsTechnology solutions can help banks fight fraud, but privacy constraints are preventing them from doing an effective job to ferret out scammers, said Karen Boyer, senior vice president at M&T Bank. She supports a new Australian law that also places responsibility on telecom and internet providers.