Current cybersecurity laws ‘absolutely useless’, Clare O’Neil says –as it happened

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On Optus, Dreyfus describes the incident as a wake-up call for corporate Australia" and flags changes to the Privacy Act.

Keeping the very personal data of customers who had ceased to be customers years ago. I have yet to hear a reason why that was going on. And Optus failed to keep the information safe.

Companies throughout Australia should stop regarding all of this personal data of Australians as an asset to them, they should think of it as a liability. This is a wake-up call for corporate Australia.

We will look very hard at the settings in the Privacy Act. I may be bringing reforms to the Privacy Act before the end of the year, to try to both toughen penalties and make companies think harder about why they are storing the personal data of Australians.

That report this morning is simply, in in one of newspapers is wrong. Union officials are not excluded. Any third party seeking to adversely affect public decisions making in corrupt way will be subject to investigation by the commission.

The activities set up under this bill for this commission are directed at the public sector in Australia. It's not directed at private activity. It's directed at the public sector and is interaction third parties have with public officials, adversely affecting the way they go about their duties in a formal, honest manner.