Australia unveils new privacy rules after data breach at Singtel-owned Optus

Australia unveils new privacy rules after data breach at Singtel-owned Optus

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

Australia on Thursday 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.