![]() ![]() Most recently in August, the ABC revealed that the banking details of 50,000 charity supporters were stolen and leaked on the dark web. In total, some 14 million customer records were stolen. The first half of 2023 has also seen more customers impacted: In April, it was revealed that Latitude Financial was also hacked, compromising 7.9 million drivers’ licences and roughly 53,000 passport numbers. Health Insurance giant, Medibank Private, was also attacked not long after, with hackers posting the personal health data of nearly four million Australians on the dark web after the company refused to pay a ransom.Īccording to the latest statistics by the the Office of the Australian Information Commissioner (OAIC), at least one million people were impacted by five data breaches that occurred in the second half of 2022. ![]() Late last year, the telco company Optus was hacked, exposing the data of nearly 10 million customers, many of whom were forced to replace drivers’ licences and passports to prevent their identities being stolen and on-sold. ![]() Privacy concerns among Australians are also fuelling the demand for VPNs. Gone are the days when Australians would wait months for Hollywood movies to land on our shores, and many use VPNs to access streaming content that is only available in other countries-such as BBC UK or the US version of Netflix. The proliferation of streaming services-such as Netflix, Hulu and Amazon-and the demand for online content is part of the reason for the uptick in usage. According to Privacy Australia’s 2023 statistics, as many as 16% of us now access the web using a VPN. Once the preserve of tech enthusiasts and travelling executives, VPNs have become a must-have for many of us looking to access foreign websites, transfer sensitive information or enhance our privacy. VPNs, or virtual private networks, have become a popular software staple among Australian households. Forbes Advisor Australia accepts no responsibility to update any person regarding any inaccuracy, omission or change in information in our stories or any other information made available to a person, nor any obligation to furnish the person with any further information. However, Forbes Advisor Australia cannot guarantee the accuracy, completeness or timeliness of this website. We make every effort to provide accurate and up-to-date information. While we do go to great lengths to ensure our ranking criteria matches the concerns of consumers, we cannot guarantee that every relevant feature of a financial product will be reviewed. In comparing various financial products and services, we are unable to compare every provider in the market so our rankings do not constitute a comprehensive review of a particular sector. Providing access to our stories should not be construed as investment advice or a solicitation to buy or sell any security or product, or to engage in or refrain from engaging in any transaction by Forbes Advisor Australia. Readers of our stories should not act on any recommendation without first takingĪppropriate steps to verify the information in the stories consulting their independent financial adviser in order to ascertain whether the recommendation (if any) is appropriate, having regard to their investment objectives, financial situation and particular needs. As such, any recommendations or statements do not take into account the financial circumstances, investment objectives, tax implications, or any specific requirements of readers. To the extent any recommendations or statements of opinion or fact made in a story may constitute financial advice, they constitute general information and not personal financial advice in any form. While we may highlight certain positives of a financial product or asset class, there is no guarantee that readers will benefit from the product or investment approach and may, in fact, make a loss if they acquire the product or adopt the approach. When covering investment and personal finance stories, we aim to inform our readers rather than recommend specific financial product or asset classes. The journalists on the editorial team at Forbes Advisor Australia base their research and opinions on objective, independent information-gathering. ![]()
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