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Australia Passes Bill to Fine Companies up to $50 Million for Data Breaches
Nov. 30, 2022, 9:33 a.m. | noreply@blogger.com (Ravie Lakshmanan)
The Hacker News thehackernews.com
To that end, the maximum fines have been bumped up from the current AU$2.22 million to AU$50 million, 30% of an entity's adjusted turnover in the relevant period, or three times the value of any benefit obtained through the misuse of information,
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