Bill Woods speaks with Trevor Long, Today Show Technology Commentator, for his advice following last Wednesday’s Cyber Attack on the Australian Telco Optus.

The user known only as “optusdata” has taken to an online forum where data is bought and sold, to seek $1 million from Optus to not release the data obtained in the security breach.

“Optusdata” said, “Optus if you are reading! price for us to not sale data is 1.000.000$US!  We give you 1 week to decide.“

After that week, the user will look to sell the data, in bulk for $1m, or in smaller groups priced at up to $300 USD per user.

Download this podcast here