Josh Taylor reports:
As eBay hastily informs its customers of its massive privacy breach, the company told the Australian Law Reform Commission that stopping reputation damage was enough of an incentive to protect customer data, and that statutory action against privacy breaches was unnecessary.
Read more on ZDNet.
By the way, the numbers are all over the place on this breach. I see some media reports saying 145 million are being notified, while other sites are saying 233 million. Reuters is using the 145 million figure, so for now, I’d go with that.