Bloomberg Tax
Free Newsletter Sign Up
Login
BROWSE
Bloomberg Tax
Welcome
Login
Advanced Search Go
Free Newsletter Sign Up

SingTel Engages Lawyers After Major Data Theft at Australia Unit

Oct. 3, 2022, 3:10 AM

Singapore Telecommunications Ltd. is engaging lawyers after a major data breach at its Australian unit Optus, even though the company has yet to receive any legal notice of a class action lawsuit.

Optus, Australia’s second-largest mobile-phone operator that’s owned by SingTel, said last month hackers had exposed records of 9.8 million current and former customers. Millions of them lost details of passports, drivers licenses or medical identity cards, the Australian government said.

Reports of potential fines and costs are “speculative at this juncture” and should not be relied upon, SingTel said in a statement to the Singapore stock exchange. ...