Southern Phone Fined for Scammer-Exploited Security Failures
Update: 2025-12-02
Description
Southern Phone hit with massive fine for security failures, allowing scammers to trick customers and access bank accounts. ACMA investigation reveals one hundred sixty-eight breaches over eight months, leading to twenty consumers losing at least $393,000. Largest fine ever imposed by ACMA, highlighting Southern Phones system weaknesses. Company must now conduct independent review, perform regular security tests, and report back to the authority.
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