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  2. Australia regulator files lawsuit against Medibank over data ...

    www.aol.com/news/australia-regulator-files...

    SYDNEY (Reuters) -Australia's privacy regulator said on Wednesday it had filed a lawsuit against the country's biggest health insurer Medibank over a data breach that exposed personal information ...

  3. Australia's Medibank faces fourth class-action lawsuit over ...

    www.aol.com/news/australias-medibank-faces...

    Earlier in the week, the country's banking regulator told Medibank to set aside A$250 million ($165.30 million) in extra capital, something analysts believe will affect the firm's ability to pay ...

  4. Medibank breach: Hackers start leaking health data after ...

    www.aol.com/news/medibank-breach-hackers-start...

    Medibank has urged its customers to be on high alert after cybercriminals began leaking sensitive medical records stolen from the Australian health insurance giant. A ransomware group with ties to ...

  5. List of data breaches - Wikipedia

    en.wikipedia.org/wiki/List_of_data_breaches

    It is estimated that the average cost of a data breach will be over $150 million by 2020, with the global annual cost forecast to be $2.1 trillion. [ 2 ] [ 3 ] As a result of data breaches, it is estimated that in first half of 2018 alone, about 4.5 billion records were exposed. [ 4 ]

  6. Severance package - Wikipedia

    en.wikipedia.org/wiki/Severance_package

    Typically in a civil lawsuit, in 2019, it can cost $1,500–$5,000 to initiate an action and have a lawyer deliver a Statement of Claim. Responding to the opposing side's documents and conducting examinations for discovery will likely involve another $3,500–$5,000.

  7. Liquidated damages - Wikipedia

    en.wikipedia.org/wiki/Liquidated_damages

    Liquidated damages, also referred to as liquidated and ascertained damages (LADs), [1] are damages whose amount the parties designate during the formation of a contract [2] for the injured party to collect as compensation upon a specific breach (e.g., late performance). [3]

  8. Australia's Medibank says data of 4 million customers ...

    www.aol.com/news/australian-health-insurer...

    (Reuters) -Medibank Private Ltd, Australia's biggest health insurer, said on Wednesday a cyber hack had compromised data of all of its of its nearly 4 million customers, as it warned of a A$25 ...

  9. Medibank - Wikipedia

    en.wikipedia.org/wiki/Medibank

    Medibank Private Limited, better known as simply Medibank, is an Australian private health insurance provider headquartered in Melbourne, Victoria, Australia. It is Australia's largest private health insurance provider, covering around 4.2 million customers in 2024. [ 2 ]

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