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Australia passes bill to force tech firms to hand over encrypted data

“When it becomes law, Australia will be one of the first nations to impose broad access requirements on technology firms, after many years of lobbying by intelligence and law enforcement agencies in many countries, particularly the so-called Five Eyes nations” writes Min Read for reuters.com. SYDNEY (Reuters) – Australia’s parliament on Thursday passed a bill to force tech firms such as Alphabet Inc’s Google (GOOGL.O), Facebook FB.N and Apple (AAPL.O) to give police access to encrypted data, the most far-reaching such requirements imposed by a western country.The bill provides for fines of up to A$10 million ($7.3 million) for institutions and prison terms for individuals for failing to hand over data linked to suspected illegal activities.The companies say creating tools for law enforcement to break encryption will inevitably undermine security for everyone.
 
Source: reuters.com



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