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Australia's top data regulator fined CommBank a record sum for failing to protect customer data.
CommBank has been fined a record amount for breaches of data rights, according to regulatory authorities, marking one of the largest penalties imposed on a financial institution for mishandling customer data.
The fine stems from failures in protecting personal information, including unauthorized access and inadequate safeguards.
The Australian Information Commissioner confirmed the penalty as part of ongoing efforts to enforce data privacy laws.
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El principal regulador de datos de Australia multó a CommBank por una suma récord por no proteger los datos de los clientes.