2022 was the biggest year ever for hacks and data breaches in Australia. Our second largest telco Optus and largest health insurer Medibank were both breached losing 10’s of millions of customer records some of which ended up on the dark web. Our largest telco Telstra also lost customer records at the same time though in much smaller quantities and much less data on each customer. The Telstra breach occurred through their Australian founded and domiciled loyalty provider MyRewards.