ASX falls 0.4pc; Qantas, Bega dumped
Shares fall for a third straight day. Bega tumbles on inflation woes. Qantas down despite $1.4bn profit. BHP at seven-week low as iron ore lifts. Eagers soars on record result.
Medibank
Big payday for future data hack victims
People caught out by cyber attacks could be given greater powers to access compensation under proposed major reforms.
Secret report into Optus hack under fire
A secret report into the government’s handling of the Medibank and Optus data breach fallouts is unlikely to ever be made public.
Medibank’s legal woes grow with fourth class action
The health insurer says it will defend the latest action, which claims it breached laws and confidence during the cyber attack that exposed millions of customers’ personal details.
ASX rises; Boral, Suncorp jump on profit beat
Financials and material push ASX higher. Boral books 53 per cent profit jump. BHP suspends WA ops after fatal incident. Elders unsure of share fall. Amcor flags soft outlook.
Medibank’s cash offer to ex-customers
Amid another increase to the official cash rate and with the prospect of more to come, insurers are trying to create as much relief for their customers as possible.
Cyber security funding spikes
Australian organisations are spending more than ever before on their cyber defences, in a bid to avoid becoming the next high-profile hacking victim.
How Aussie Open servers repelled cyber attacks
Despite an onslaught of malicious activity, the Open’s inaugural cyber security partner says tennis avoided a Medibank or Optus-style breach.
Telehealth changes threaten to stall $2bn industry
Companies ranging from health titan Medibank to start-up Medmate are concerned the Medical Board’s proposed changes to telehealth will limit access to patient care.
Reform Medicare to sustain system
The task calls for pragmatic policy solutions rather than ideology.
Data at risk just asking for quote
New emails show millions of customers who merely enquired about Medibank policies had their data caught up in one of Australia’s largest cyber breaches.
Law firms team up in Medibank data breach fight
Three major law firms will drop individual claims and join forces to secure compensation for as many as 9.7 million Medibank customers affected by last year’s cyber attack.
Data safety repository CDC in $1bn site upgrade
Future Fund-backed CDC Data Centres says more companies are looking to house their customer information in Australia following a spate of cyber attacks.
Medibank to repay customers another $207m
Australians are still shying away from elective surgery and extras like optical and dental as Medibank lifts the amount of “pandemic savings” it is returning to customers to almost $1bn in total.
ASX gains 0.5pc; BHP miners call for 12pc pay rise
ASX rises for a second day; Seek paces heavyweight gains; 29Metals sinks on outlook; ANZ warns on consumer spending; BHP signs $9.6bn OZ takeover and miners weigh.
Warning on ‘unjust’ climate transition
Super funds want a ‘just’ approach to environmental goalkicking, but ESG ratings and ultimately returns of ASX-listed businesses are more a function of good governance than green policy.
ASX gains 0.7pc; St Barbara soars, Endeavour dives
Tech sector leads rally; Genesis tie-up drives St Barbara; energy bosses confront PM; higher Magellan directors fees pass and Endeavour drops on Woolworths sale.
Australia is already in the midst of a cyberwar
When Optus and Medibank are breached, the issue is essentially about confidential data. But if the banking system is broken the consequences are far more serious.
Medibank’s complete security overhaul
Customers of Australia’s largest health insurer were unable to access their accounts overnight after the company was forced to take action following a recent cyber attack.
Medibank to close stores, call centres
Customers of Australia’s largest health insurer will be unable to access its facilities, with the company forced to take action following the recent attack on its data.
Complete shutdown: Medibank to close all stores, call centres
The health insurer will close all stores, customer contact centres and IT systems while it overhauls online security as it reels from the nation’s biggest cyber heist.
Firms hit by surge in cyber extortion
Attacks on Australian companies have increased to the highest levels in more than 18 months.
Right time to embrace creativity
With data breaches at Optus and Medibank, CIOs need every possible advantage. Could harnessing creative minds improve problem solving and augment innovation?
Health apps pose cyber risk, warns ACCC
The proliferation of wellness apps and rewards programs across Australia’s health insurance industry is heightening the risk of another Medibank-style cyber attack.
What Medibank hack victims should do next
Hackers have once again released the private details of Medibank customers onto the dark web, with advice on what their next step should be revealed.
Medibank facing huge fines as hackers dump and run
Medibank will be officially investigated as Russian hackers who dumped the entire cache of stolen Medibank information online have signalled the case closed.
Russian hackers dump everything
Medibank has released an update after hackers published another huge data dump on the dark web overnight.
‘Case closed’: Medibank hackers dump full data file
The cyber criminals behind the health insurer data breach have reportedly posted the information of 9.7m customers to the dark web.
ASX ends up 1pc; miners gain as energy stocks slip
ASX closes at seven-month high. Warrego gives Beach Energy five days to match Hancock’s ‘superior’ offer, iron ore posts record monthly rise and Woodside leads energy losses.
Climate target needs ‘substantial effort’
Climate Change Minister Chris Bowen says Australia is not on track to hit Labor’s 43 per cent emissions reduction target.
Original URL: https://www.theaustralian.com.au/topics/medibank/page/4