CURRENT AFFAIRS

Detailed explanation-1: -Last week, Australian telecommunications giant Optus revealed about 10 million customers - about 40% of the population - had personal data stolen in what it calls a cyber-attack. Some experts say it may be the worst data breach in Australia’s history.

Detailed explanation-2: -Notes: Australian telecom giant Optus said personal information and form of identification of 1.2 million customers was compromised in the recent cyber attack.

Detailed explanation-3: -Just weeks after Optus revealed that the records of 10 million customers had been compromised in a data breach, its parent company, Singtel, is dealing with two of its own data hacks.

Detailed explanation-4: -It is a wholly owned subsidiary of Singaporean telecommunications company Singtel. Optus is the second-largest wireless carrier in Australia, with 10.5 million subscribers as of 2019.

Detailed explanation-5: -The government has amended the Telecommunications Regulations 2021 to better protect Australians following the Optus data breach. They will allow Optus to share limited information with financial institutions and government agencies to detect and mitigate the risks of malicious activity, including ID theft and scams.