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Optus Data Breach Shows Governments are a Problem Transcript

This data breach is actually a government induced problem.

All the data breaches that we’re seeing are government induced problems because there are always some institutions where the government has over legislated that these organisations collect so much data on your customer.

What we do, though, I want to touch on this Optus breach for a minute.

Now, everyone knows that there’s been this Optus data breach and that it looks like it was done by a very immature person.

The problem is that this data breach is actually a government induced problem.

All the data breaches that we’re seeing are government induced problems because they’re always in institutions where the government has over legislated that these organisations collect so much data on your customer.

Banks, energy companies, mobile phone companies. And this is the problem.

So the Government is saying Optus is at fault, but no, no, no, the government’s actually at fault because the government has put so much regulation and rent take in place that you need to identify yourself to get a mobile phone. Why? Who cares?

It can be a contract between Optus or any mobile phone provider or any phone provider and the person. They shouldn’t have to hold all this data on you. Same with a bank, same with everything.

They claim it’s for ‘anti terrorism’, know your customer, money laundering. Who launders money through a phone account? No one. Right. No pensioner or average Australian launders money through a bank.

We’ve just had two major reviews of casinos and it’s foreign nationals with suitcases of cash that are running around laundering money through casinos and laundering money through government agencies.

So the government is the problem, not the bureaucratic. And this is the problem when I talk about bureaucratization with the country, is that the government can only detract and make things worse.

It can never make things better. The only way the government can make things better is for the government to, one never sitting parliament.

Actually, no, it sits twice a year, once to go, hello, we’re the government, we’re here.

And then it sits at the end of the year to go, hello, we’re the government. I hope everyone had a great year and goes away.

The problem with government now is it sits. And because we’re born to rule types that are in government and I don’t care, there’s 151 of them in the lower house and the 72 of them in the Senate, they all think that they’re better than us and they think that they have to pass legislation every time they sit.

Now, by doing that, we’re going to end up with more of these office situations where your data and my data is a breach because of a government thing.

The government is the one that should be held to account for this, not Optus, because the burden has been placed on Optus, has been placed on the banks, has been placed on energy companies.

Anyone who takes your data, an ecommerce company, whatever it is, the government has placed that burden on that company through its red tape and it’s stupid rules and laws.

So the only way to fix this data crap and data bullshit is for the government to reverse the rules and that’s never going to happen.

That’s my take on this Optus crap, is that once again, it’s another government bullshit.

At the end of the day we all know that, you and I both know, probably everyone here, that government’s always looking for a scapegoat. Self-responsibility with them is not going to happen.

But we do have a question from Frank on that, which is, does this Optus data breach affect the cheaper carriers, which use the Optus networks, for example, Moose?

As far as I know, no. It’s actually Optus itself. 

I’ve got a sneaking suspicion that this is an inside job and when I say an inside job, I’m actually talking it could be a government agency that’s done this and that it was never supposed to go this far because apparently now the guys disappeared and the data disappeared off the web and they can’t trace who can get it now and all this sort of stuff.

So it smells to me like it’s either an inside job, like they’re testing their own databases and someone went and got stupid, or it’s a government agency that was doing it, or something like that.

It’s very fishy. I’d nearly put it into the false red flag category of events so government can create more legislation to create a worse problem. Yeah.