ANZ Dashboard DigestDaily Dashboard

Commissioner Says Superannuation Fund Breached Act

PRIVACY LAW—AUSTRALIA

June 7, 2012

The First State Super Trustee Corporation (FSS) has been found to have breached the Privacy Act, ZDNet reports. The privacy commissioner opened an investigation after an incident in October where a security director discovered that information from FSS systems was vulnerable to snooping by other FSS customers. The investigation found personal information, including member names and addresses, details of account transactions, balances and members' ages, could be downloaded from FSS, the report states. The investigation also found FSS had the capacity to remedy the vulnerabilities before the security director's discovery and breached the act because of its inaction.
Full Story