The Australian Information Industry Association has warned that the Federal Government's encryption bill would lead to overseas vendors withdrawing from the Australian market as they would not want their products to be caught in the government's dragnet.
Ireland-based global fintech Priviti has launched in Australia as the country prepares for the imposition of new Open Banking legislation and the Consumer Data Right which require major banks to make data on credit and debit card, deposit and transaction accounts available by July 2019 and mortgages by February 2020.
The Federal Government's draft encryption bill could seriously damage Australia’s — and international — cyber security and, would act contrary to its stated aim of increasing security for Australians, a submission jointly made by the telco industry body Communications Alliance, the Australian Information Industry Association and the Australian Mobile Telecommunications Association claims.
Lets hope for a Biden win in November for the worlds sake including Assange's.
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