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flag Australia's top data regulator fined CommBank a record sum for failing to protect customer data.

flag 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. flag The fine stems from failures in protecting personal information, including unauthorized access and inadequate safeguards. flag The Australian Information Commissioner confirmed the penalty as part of ongoing efforts to enforce data privacy laws.

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