Feb 012010
 February 1, 2010  Posted by  Breaches, Business, Non-U.S.

Munir Kotadia reports:

CommSec, the Commonwealth Bank’s stock trading arm, has agreed to pay a $55,000 to The Australian Communications and Media Authority (ACMA) after breaching the Spam Act during 2009.

According to ACMA, CommSec customers complained that they had continued to receive commercial messages despite having withdrawn their consent. The watchdog “also identified that email campaigns conducted by CommSec in January, February and March 2009 did not provide an option to unsubscribe”, which is required under the Spam Act.

Read more on itNews

H/T, Brian Honan

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