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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 ...
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 ...
The incident comes at a time when Medibank is dealing with the fallout of a cyber incident it faced in October, where data of about 9.7 million of its current and former customers was compromised.
Medibank began as an Australian Government private health insurance scheme, established by the Whitlam government in 1975 through the Health Insurance Commission. [4] In its original form, it was a universal health insurance programme funded through taxation, that also ensured free treatment at public hospitals and provided subsidies to private hospitals.
Ransom note left by the person believed to be behind the breach. On 23 September, Optus denied an insider's claims an application programming interface (API) had accidentally been left exposed to a test network that had access to the Internet. The company also said a complicated breach had occurred and that it had a strong cybersecurity system. [9]
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 ...
On October 2, 2024, Jerico Pictures filed for Chapter 11 bankruptcy as it currently faces over a dozen lawsuits over the breach, and is potentially liable "for credit monitoring for hundreds of millions of potentially impacted individuals." [6] [17] In December 2024, National Public Data shut down, showing a closure notice on its website. [18]
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