PRIVACY

Hacking risks higher under open banking

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Original article by James Eyers
The Australian Financial Review – Page: 19 : 24-Jan-19

The Australian Banking Association has expressed concern that theft of personal data and email scams will become rife under the federal government’s open banking regime. Open banking is slated to begin on 1 February 2020, with a pilot program to commence in July 2019. The ABA’s submission to the Treasury’s draft report on open banking has called for the terms of reference for the pilot program to include an assessment of the potential privacy risks.

CORPORATES
AUSTRALIAN BANKING ASSOCIATION, AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION

Rules risk entrenching giants

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Original article by Michael Bailey
The Australian Financial Review – Page: 9 : 11-Dec-18

LegalVision’s James Adler has questioned the merits of the ACCC’s proposal for an "opt-in" regime for the collection and use of customers’ personal data by digital platforms. Adler warns that the proposal would adversely affect many local digital start-ups while increasing the competitive advantage of established players such as Google and Facebook.

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AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, LEGALVISION PTY LTD, GOOGLE INCORPORATED, FACEBOOK INCORPORATED

Dutton slams tech giants over encryption laws

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Original article by Andrew Tillett
The Australian Financial Review – Page: 8 : 11-Oct-18

The federal government continues to face opposition to its proposed digital encryption laws. However, Home Affairs Minister Peter Dutton argues that the laws are necessary due to the growing use of encryption services by criminals and terrorists, adding that existing laws are inadequate to deal with such technologies. Dutton has also noted that Silicon Valley-based technology companies are among the biggest critics of the proposed laws, despite their poor track record in protecting personal data.

CORPORATES
AUSTRALIA. DEPT OF HOME AFFAIRS, NATIONAL PRESS CLUB (AUSTRALIA), AUSTRALIAN FEDERAL POLICE, GOOGLE INCORPORATED

Over 90% of Australians lack understanding of how leading apps use data

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Original article by Roy Morgan
Market Research Update – Page: Online : 16-Jul-18

Roy Morgan’s privacy survey has found that more than 90% of Australians aged 14+ are either "not sure" or only "somewhat understand" how several leading apps use and/or share their data. This includes 94.6% of Australians who use Apple apps, 94.3% of Twitter users, 94.0% of Instagram users and 93.7% of Snapchat users. The findings are based on interviews with a representative sample of 967 Australians drawn from Roy Morgan’s Single Source panel. Roy Morgan CEO Michele Levine says that despite the concerns raised about the potential misuse of personal data, only a tiny minority of Australians (between 5-10%) believe they "fully understand" how companies such as Apple, Twitter, Facebook, Snapchat and Google use and/or share their personal data.

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ROY MORGAN LIMITED, APPLE INCORPORATED, TWITTER INCORPORATED, INSTAGRAM LLC, SNAPCHAT INCORPORATED, MESSENGER, GOOGLE INCORPORATED, FACEBOOK INCORPORATED

Facebook bill for 300,000 Aussies

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Original article by Ben Butler
The Australian – Page: 3 : 11-Jul-18

The Office of the Australian Information Commissioner has received a formal complaint about Facebook regarding the Cambridge Analytica scandal. The number of Australians who were affected by the data breach is estimated to exceed 300,000, and they may be entitled to compensation for breach of privacy. Nathan Landis of litigation funder IMF Bentham notes that the average compensation payout ranges from $1,000 to $10,000, which suggests that Facebook’s total liability could be between $3m and $3bn. The complaint was lodged by IMF Bentham and law firm Johnson Winter & Slattery.

CORPORATES
FACEBOOK INCORPORATED, CAMBRIDGE ANALYTICA LLC, AUSTRALIA. OFFICE OF THE AUSTRALIAN INFORMATION COMMISSIONER, IMF BENTHAM LIMITED – ASX IMF, JOHNSON WINTER AND SLATTERY, AUSTRALIA. OFFICE OF THE FEDERAL PRIVACY COMMISSIONER, GREAT BRITAIN. OFFICE OF THE INFORMATION COMMISSIONER, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT

Australians worried about online privacy but slow to act

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Original article by Roy Morgan
Market Research Update – Page: Online : 9-Jul-18

A Roy Morgan study into online privacy has found that around 90% of Australians aged +14 say it is unacceptable for companies to collect personal financial data (15% say it is "somewhat unacceptable" and 77% say it is "very unacceptable"), to scrape the contents of messages or emails (20% somewhat and 69% very unacceptable), or to collect health and medical data (15% somewhat and 74% very unacceptable) for the purpose of tailoring ads and offers to consumers. Less than 5% deem these practices to be acceptable (either very or somewhat acceptable). However, despite these concerns only around 15% of Australians claim to "always" or "often" read terms and conditions when signing up for online services, and over 54% rarely or never read them. The findings are based on interviews with a representative sample of 967 Australians drawn from Roy Morgan’s Single Source panel in June 2018.

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ROY MORGAN LIMITED

MPs warn Facebook over China

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Original article by Simon Benson, Darren Davidson
The Australian – Page: 1 & 6 : 7-Jun-18

Social media giant Facebook is under scrutiny over revelations that its users’ personal data was shared with Chinese technology company Huawei. Labor MP Anthony Byrne has described Facebook’s actions as "completely unacceptable". The deputy chairman of federal parliament’s joint committee on intelligence and security has also raised the possibility that Facebook CEO Mark Zuckerberg could be asked to appear before the committee. Zuckerberg has previously appeared before US and European legislators in the wake of the Cambridge Analytica data breach scandal.

CORPORATES
FACEBOOK INCORPORATED, HUAWEI TECHNOLOGIES COMPANY LIMITED, AUSTRALIA. JOINT PARLIAMENTARY COMMITTEE ON INTELLIGENCE AND SECURITY, AUSTRALIAN LABOR PARTY, CAMBRIDGE ANALYTICA LLC, LENOVO GROUP LIMITED, OPPO ELECTRONICS CORPORATION, TCL CORPORATION, AUSTRALIAN STRATEGIC POLICY INSTITUTE LIMITED, COMMUNIST PARTY (CHINA), AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, GOOGLE INCORPORATED, APPLE INCORPORATED

Facebook outlines privacy revamp

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Original article by Deepa Seetharaman
The Australian – Page: 22 : 19-Apr-18

Social media giant Facebook has revealed changes to its privacy policy in the wake of the Cambridge Analytica data breach scandal and the imminent introduction of stricter laws in Europe with regard to the use of personal data. Facebook will initially roll out its new privacy policy in Europe, with users to be explicitly asked permission for Facebook to use their personal data for targeted advertising and its facial recognition technology.

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FACEBOOK INCORPORATED, CAMBRIDGE ANALYTICA LLC

Foxtel reacts to Facebook woes by slashing ad spend

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Original article by Darren Davidson
The Australian – Page: 6 : 13-Apr-18

Pay-TV company Foxtel will reduce the proportion of its marketing budget that is allocated to advertising on Facebook. The move follows the data breach scandal and the two-day testimony of CEO Mark Zuckerberg before the US Congress. Foxtel’s chief marketing officer Andy Lark says that Facebook is a media company rather than a technology company, and it should start acting like one. He adds that despite recent changes to Facebook’s privacy policy, the underlying problems exposed by the Cambridge Analytica scandal have not been addressed.

CORPORATES
FOXTEL MANAGEMENT PTY LTD, FACEBOOK INCORPORATED, AUSTRALIA. OFFICE OF THE FEDERAL PRIVACY COMMISSIONER, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, TELSTRA CORPORATION LIMITED – ASX TLS

Facebook’s reckoning is fast approaching

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Original article by John McDuling
The Age – Page: 20 : 6-Apr-18

Despite the recent data breach controversy involving Cambridge Analytica, Facebook boss Mark Zuckerberg still believes that he is the right person to run the social media company, while he does not seem to think the scandal has affected Facebook’s advertising business to any great extent. Zuckerberg will shortly testify before the US Congress, and Facebook’s executives in Australia are also likely to face scrutiny given that more that 300,000 local users may have been affected by the scandal. Facebook is also the subject of investigations by the Australian Competition & Consumer Commission and the Federal Privacy Commissioner.

CORPORATES
FACEBOOK INCORPORATED, CAMBRIDGE ANALYTICA LLC, AUSTRALIA. OFFICE OF THE FEDERAL PRIVACY COMMISSIONER, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, GOOGLE INCORPORATED