The accounting and consulting giant faces a mountain of regulatory pain – and possibly having to decide if it is worth fighting prosecution over alleged confidentiality breaches.
When then-prime minister Malcolm Turnbull called for heads to roll after the 2016 census was pulled offline – amid fears IBM’s data servers hosting the survey had been infiltrated – the American enterprise technology giant made an important decision.
IBM ran most of the big mainframe systems that had powered core government functions for several decades, earning it billions of dollars a year in fees and making the Australian government one of its top global clients.
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Tom Burton was government editor at The Australian Financial Review.
