Reply to post: In Australia...

Loan application data hacked, company responds: Meh, not our customers

Anonymous Coward
Anonymous Coward

In Australia...

In Australia, by law financial institutions have to comply with a fair quantity of regulations and IT practises (including security, backups, verified DR). If they don't, and there are large fines involved and parts of the failure can go on the public record.

If Belgian financial institutions have similar regulations... AFC Kredieten could be in for a tougher time than they think.

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