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The ACL Case: A $5.8M Reminder to Get Cyber Due Diligence Right

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The risk of pre and post Completion cybersecurity incidents is now a feature of the Australian deal landscape. In the recent ACL case1, the Federal Court imposed a $5.8 million Privacy Act penalty on Australian Clinical Labs, following a data breach which occurred shortly after ACL had acquired Medlab….
By: Herbert Smith Freehills Kramer

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