17:21:20 EST Thu 05 Nov 2026
Enter Symbol
or Name
USA
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VIQ Solutions Inc (2)
Symbol VQS
Shares Issued 70,602,969
Close 2026-11-05 C$ 0.08
Market Cap C$ 5,648,238
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ORIGINAL: Australian Privacy Regulator Closes Inquiries into VIQ Solutions, Finds Incident Far Narrower Than Reported

2026-11-05 16:31 ET - News Release

Toronto, Ontario--(Newsfile Corp. - November 5, 2026) - VIQ Solutions Inc. (TSXV: VQS) ("VIQ") today welcomed the decision by the Office of the Australian Information Commissioner (OAIC) to close its preliminary inquiries into VIQ's former Australian subsidiary. The OAIC will not open an investigation or take any regulatory action. Its published report found the incident was smaller in scale and more confined than earlier media coverage suggested.

What the OAIC found

The OAIC said the incident was narrower than initial media reports from the Australian Broadcasting Corporation suggested. The OAIC's report establishes the following facts:

  • No disclosure to foreign actors. Earlier media reports alleged court files were improperly handed to a foreign entity. The OAIC found this was not the case.
  • A single, corrected error. The root cause was a one-off access-permissions error, not an ongoing practice. Access was revoked on February 11, 2026.
  • Data never left Australia. All Australian court recordings stayed on servers in Australia. Transcribers worked on short audio segments and could not download or retain copies.
  • Limited scope. Three transcribers at a contracted transcription provider worked on limited fifteen minute or less segments solely to perform transcription.
  • No cross-border breach found likely. The OAIC considered a breach of Australia's cross-border disclosure rule (APP 8) unlikely.
  • Low risk of harm. The Federal Courts reviewed the affected files and assessed the likelihood of harm to individuals as low.
  • Contracts worked as intended. The OAIC found the contractual safeguards between VIQ and the Federal Courts were adequate and helped its inquiries.

Moving forward

"We are pleased the OAIC has closed this matter and published the facts," said Larry Taylor, CEO of VIQ Solutions. "The report confirms what we have said from the start: this was a contained access error that we corrected, not the large-scale data exposure that was reported in the media. We cooperated fully, and we have used this experience to further strengthen our access controls worldwide."

VIQ's Australian subsidiaries entered voluntary administration in March 2026 so the company could focus on its North American and United Kingdom operations. Those operations continue to serve customers without interruption.

"Our customers and partners can count on us," Larry Taylor added. "We are financially stable, fully operational, and focused on delivering secure, reliable service."

Company Contact:

Larry Taylor, CEO, VIQ Solutions Inc.
(800) 263-9947

Jacob Manning, VIQ Solutions
Email: marketing@viqsolutions.com

For more information about VIQ, please visit viqsolutions.com.

Source: OAIC report: VIQ Solutions Pty Ltd and Commonwealth agency contracting (November 4, 2026)

About VIQ Solutions

VIQ Solutions is a global provider of secure, AI-driven, digital voice and video capture technology and transcription services. VIQ offers a seamless, comprehensive solution suite that delivers intelligent automation, enhanced with human review, to drive transformation in the way content is captured, secured, and repurposed into actionable information. The cyber-secure, AI technology and services platform are implemented in the most rigid security environments including criminal justice, legal, insurance, government, corporate finance, media, and transcription service provider markets, enabling them to improve the quality and accessibility of evidence, to easily identify predictive insights and to achieve digital transformation faster and at a lower cost.

Forward-Looking Statements

Certain statements included in this press release constitute forward-looking statements or forward-looking information (collectively, "forward-looking statements") under applicable securities legislation. Such forward-looking statements or information are provided for the purpose of providing information about management's current expectations and plans relating to the future. Readers are cautioned that reliance on such information may not be appropriate for other purposes.

Forward-looking statements typically contain statements with words such as "anticipate", "believe", "expect", "plan", "intend", "estimate", "propose", "project" or similar words, including negatives thereof, suggesting future outcomes or that certain events or conditions "may" or "will" occur. These statements are only predictions.

Forward-looking statements are necessarily based on a number of opinions, assumptions and estimates that while considered reasonable by the Company as of the date of this press release, are subject to known and unknown risks, uncertainties, assumptions, and other factors that may cause the actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking statements, including but not limited to the factors described in greater detail in the "Risk Factors" section of the Company's management's discussion and analysis for the year ended December 31, 2025 and in the Company's other materials filed with the Canadian securities regulatory authorities.

These factors are not intended to represent a complete list of the factors that could affect the Company; however, these factors should be considered carefully. Such estimates and assumptions may prove to be incorrect or overstated. The forward-looking statements contained in this press release are made as of the date of this press release and the Company expressly disclaims any obligations to update or alter such statements, or the factors or assumptions underlying them, whether as a result of new information, future events or otherwise, except as required by law.

Neither the TSX Venture Exchange, nor its regulation services provider (as that term is defined in the policies of the exchange), accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/322582

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