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Australia’s Privacy Regulator Sues Optus Over 2022 Data Breach
Aug 8 2025 // An Australian regulator has sued Optus, alleging the Singapore Telecommunications-owned carrier breached privacy laws during a 2022 cyber attack that compromised the personal data of millions of customers, both parties...
Arthur J. Gallagher & Co. Acquires Australian Broker MACK Insurance Services
Aug 6 2025 // Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced the acquisition of Australia-based MACK Insurance Services. Terms of the transaction were not disclosed. MACK Insurance Services is a...
Espionage, Including Theft of Intellectual Property, Cost Australia $12.5B in 2023-2024
Aug 1 2025 // Espionage cost Australia $12.5 billion in 2023-24, according to a study by ASIO and the Australian Institute of Criminology. The figure includes the direct costs of known espionage incidents, including state-sponsored...
Business Moves: Howden Japan Acquires Holos; Ageas Buys Saga’s Underwriting Biz; BMS Purchases Australian Property Broker; UK’s Direct Line Now Owned by Aviva
Jul 2 2025 // Howden Japan Acquires Majority Stake in Retail Broker Holos Howden, the London-based insurance intermediary group, announced it has acquired a majority stake (68.3%) in Holos Holdings Co. Ltd., a leading retail insurance...
Australia’s Qantas Says 6 Million Customer Accounts Accessed in Cyber Hack
Jul 2 2025 // A cyber hacker broke into a database containing the personal information of millions of customers, Qantas said, in Australia’s biggest breach in years and a setback for an airline rebuilding trust after a...
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