Call centre staff living in the same city as their customers will take calls about a range of health issues as part of a new localised work model as Medibank rebounds from last year’s cyber attack.
It’s one of the largest companies to announce a shift to the new work model that gives staff a long weekend every week.
After a torrid year dealing with the fallout of a Russian cyber assault, Australia’s biggest health insurer has launched a four day work week for 250 staff.
Up to six parties are understood to be in the early contest for day hospital provider Cura Group.
Top financial advisers can’t wait to unleash artificial intelligence technology but high net worth investors want cyber security to come first.
Qantas chair says major shareholders back him. AusSuper move comes amid push for a higher Brookfield bid. Transurban drops on ACCC block as Abertis circles. Fels takes aim at energy giants’ profits.
New class actions in Australia are coming thick and fast as lawyers take aim at high flyers such as Qantas, Optus and Medibank. Here’s a searchable table of the biggest 135 cases.
With bad actors everywhere, increasingly sophisticated attacks and the inexorable rise of AI, the government’s new cyber security strategy must set the right course to defend the nation.
We threw off the shackles of the Great Depression and WWII. Medibank, fee-free tertiary education, Bankcard and colour TV all surfaced. And we travelled to places we’d never seen before.
Despite a jump in profit, CEO David Koczkar won’t get a pay rise and other Medibank executives will be denied bonuses after 9 million customers were hacked.
NAB CEO Ross McEwan warns of ongoing inflation ‘hurt’. Woodside eyes $1bn windfall. Telix, Qantas gain. Ramsay dividend cut sparks sell-off.
Castlepoint chief Rachael Greaves says AI and better record keeping would have helped Medibank and Optus, as it emerged the privacy watchdog’s investigations could stretch into next year.
Faced with customer and shareholder class actions after last year’s cyber attack, Australia’s biggest health insurer has overhauled its executive team.
Gold miners pace gains after US CPI print. INPEX takes 50 per cent Enel Green Power stake. Origin gets $70m from Labor for hydrogen project. Domestic air fares at one-year low.
Bourse also ends the week and quarter slightly higher. Downer jumps on $4.6bn rail contract. Link dives on HESTA loss. Bubs drops after China axing.
Already faced with a $150m clean-up bill, Medibank is facing a class action from shareholders after last year’s cyber attack hammered its share price by more than 18pc.
ASIC says scores of pet products — many offered by some of the nation’s best-known brands — did not consider the customer’s ability to pay for treatment.
Australia’s largest health insurer will undergo an internal risk and governance review after it suffered the largest data breach in the country’s history.
Collins Foods jumps on eight-month high after earnings beat. Iron ore in biggest jump since May. Bega to sell $115m Port Melbourne site. Medibank falls on APRA’s $250m hit.
The private health insurer has been caught up in another major cybersecurity breach, falling victim to the same vulnerability that has two of the big four accounting firms on edge.
Original URL: https://www.theaustralian.com.au/topics/medibank/page/3