by AIP Online Bureau | Oct 24, 2022 | Health, International News, Technology
The Australian Competition and Consumer Commission (ACCC) said between May 2020 and February 2022, Fitbit claimed consumers will not be entitled to a refund unless they returned a faulty product within 45 days of purchase or shipment, which is in not in accordance...
by AIP Online Bureau | Oct 24, 2022 | International News, Non-Life, Technology
Unknown cyber criminals this week demanded ransom from Australia’s largest health insurer, Medibank, after claiming to have stolen 200 gigabytes of customers’ data including medical diagnoses and treatments The thieves have reportedly threatened to make...
by AIP Online Bureau | Oct 6, 2022 | Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance, Technology
The changes will enable telcos to share government-issued identification documents with banks to allow them to implement enhanced monitoring for customers impacted by data breaches Australia on Thursday proposed an overhaul of consumer privacy rules that will help...
by AIP Online Bureau | Sep 29, 2022 | Eco/Invest/Demography, Non-Life, Reinsurance, Technology
Australia’s Attorney-General Mark Dreyfus said penalties for failing to protect personal data had to be increased so that corporate boards could not dismiss fines as a “cost of doing business.” The “absolutely huge amounts” of customer...
by AIP Online Bureau | Aug 18, 2022 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
On average, Australians living in high-risk areas like northern Queensland pay A$3,000 ($2,100) in annual premiums, or double that of residents in the rest of the country, an Actuaries Institute report released on Wednesday showed. Australia’s mounting extreme weather...
