Australia's Medibank says data of 4 mln customers accessed by hacker [View all]
Last edited Wed Oct 26, 2022, 06:20 AM - Edit history (1)
https://www.reuters.com/business/healthcare-pharmaceuticals/australian-health-insurer-medibank-says-all-customers-personal-data-compromised-2022-10-25/
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October 26, 2022 3:26 AM EDT Last Updated 2 hours ago
Australia's Medibank says data of 4 mln customers accessed by hacker
By Shashwat Awasthi and Lewis Jackson
Oct 26 (Reuters) - Medibank Private Ltd (MPL.AX), 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 million to A$35 million ($16 million to $22.3 million) hit to first-half earnings.
It said on Wednesday that all personal and significant amounts of health claims data of all its customers were compromised in the breach reported this month, a day after it warned the number of customers affected would grow.
Shares in the company fell more than 14%, its biggest one-day slide since listing in 2014.
Medibank, which covers one-sixth of Australians, said the estimated cost did not include further potential remediation or regulatory expenses.
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Reporting by Shashwat Awasthi and Lewis Jackson. Writing by Alasdair Pal Editing by Gerry Doyle, Shinjini Ganguli and Sam Holmes