In Australia in 2022, a very large institution had a breach of private records [1]. That same year they made $590 million profit.<p>Today the Office of the Australian Information Commissioner has taken penalty action -- a rarity. This opens the door to rather large fines imposed by the Federal Court, up to $2m per contravention.<p>More info likely to be updated in other news [2] publications.<p>[1] <a href="https://www.abc.net.au/news/2022-12-01/medibank-data-leak-has-everything-been-released-now/101720028" rel="nofollow">https://www.abc.net.au/news/2022-12-01/medibank-data-leak-ha...</a><p>[2] <a href="https://www.abc.net.au/news/2024-06-05/medibank-taken-to-federal-court-over-cyber-attack/103936664?ref=upstract.com" rel="nofollow">https://www.abc.net.au/news/2024-06-05/medibank-taken-to-fed...</a>