Trading DayTrading DayThe local sharemarket closes higher. Maurice Blackburn monitors Medibank, MyDeal data breach. Credit Suisse reveals $4bn loss. Reserve Bank tipped to hike rates by 50bp. Fortescue books record iron ore shipment.
DATA HACKNewsThe personal health information and Medicare numbers of 3.9 million customers has been breached.
MedibankNewsWireHere are the steps millions of worried Medibank customers can take after their data was compromised in a cyber attack.
Hamish Spence and Madeleine Achenza
ExplainerTechnologyAustralians trusted the company with their most sensitive data. Here’s what you can do if you’re a Medibank or ahm customer.
David Swan
BreakingNewsWireThe major insurance company has revealed that far more customers than first expected have had their personal information stolen in a recent hack.
Madeleine Achenza
‘maximum harm’BusinessThe cyber attack is expected to cost the insurer, which does not have cyber insurance, between $25m and $35m.
Trading DayTrading DayThe local sharemarket has retreated from six-week highs on rising inflation to close slightly higher. Medibank shares were hammered after it flagged a cybercrime hit of up to $35m. Coles, Woolworths down on household budget strain. Superloop founder’s $15m selldown.
Budget 2022Not a lot of reassurance for customers of Optus or Medibank Private who have had their personal details stolen.
Medibank breach hits 4mNationLabor will expedite its watershed data and privacy laws as an emergency response to the Medibank data breach.
JESS MALCOLM
cyber crimeTechnologyThe insurer has deferred premium increases, saying the cyber attack affecting customer data is much wider than it originally thought.
David Swan
‘a distressing development’BusinessThe health insurer has admitted the cyber breach on its network is much bigger than first thought as it ‘unreservedly apologises’ to customers.
BREAKINGNewsWireMedibank has confirmed another ‘distressing development’ in the company’s cybercrime battle.
Hugo Timms
Trading DayTrading DayTrading remained light on the local sharemarket ahead of Tuesday night’s Federal Budget. The S&P/ASX 200 trimmed a 0.8 per cent opening rise to close up 0.3 per cent at 6798.6. The high was the best in six weeks.
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MedibankNationThe criminal behind the Medibank data hack bought login credentials to gain access to the network from an online Russian criminal forum.
Data securityCompaniesAustralia’s biggest health insurer has apologised to customers after it sent their dead relatives emails warning their personal information may be compromised following a cyber attack.
Trading DayTrading DayThe sharemarket trims gains as materials soar. China GDP beats expectations. Medibank’s hack alerts to dead customers. Star higher on gaps in repair plan. Vulcan, Novonix top gainers. Tavistock increases AACo board control.
Data securityTechnologyA study by the advisory found 69 per cent of companies have suffered a cyber attack in the past five years, compared with 31 per cent in 2021.
UpdatedNational Breaking NewsHundreds of people have had their data exposed in a cyber attack on electricity company EnergyAustralia.
Data securityCompaniesA cyber criminal gang that hacked Medibank’s customer database now claims it stole credit card security data as it escalates its ransom demands.
UpdatedNewsWireThe hackers behind Medibank’s data theft have dramatically risen the stakes in a worrying development for the health insurer’s four million customers.
Madeleine Achenza and Duncan Murray
Trading DayTrading DayASX falls for a second straight week as bond yields weigh. ANZ flags $113m 2H charges, New Hope sets record high, Magellan slumps to new low and Cleanway gets strike.
Data securityLeadershipAs the fallout from the cyber attack on Medibank grows, the Australian Institute of Company Directors is guiding boards on how to shore up their online defences.
PoliticsA new set of governance principles has been released to help organisations strengthen their cyber security in the wake of the Optus and Medibank Private hacks.
Medibank breachNationHighly personal medical records have been stolen by the cyber ransomware gang that hacked Medibank’s customer database.
UpdatedNewsWireHackers are holding the private health information of Australians to ransom following a data breach at one of the country’s largest insurance providers.
Duncan Murray
Data securityCompanies Clare O’Neil has branded the theft of sensitive health records from Medibank’s cyber attack ‘a dog act’ and warned of ‘irreparable harm’.
Trading DayTrading DayASX ends lower on falls led by tech and miners. Woodside rockets on guidance upgrade, iron ore outlook gloomy, New Acland stage 3 gets water licence and McGrath downgrades earnings.
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LIVE: POLITICS NOWPoliticsLidia Thorpe is no longer fit to serve in parliament following revelations she had an undisclosed relationship with a former bikie boss, Peter Dutton says.
Greg Brown, Ed Bourke and Jess Malcolm BREAKINGNewsWireA major Australian company has been issued a ransom demand with fears customer data has been stolen in a cyber attack.
Eli Green