Reuters reports:
Australia will introduce laws to parliament to increase penalties for companies subject to major data breaches, Attorney-General Mark Dreyfus said, after high-profile cyberattacks hit millions of Australians in recent weeks.
[…]
Dreyfus, in an official statement issued on Saturday, said the government would next week move to “significantly increase penalties for repeated or serious privacy breaches” with amendments to privacy laws.
Read more at Reuters.