No cyber insurance as Medibank breach hits four million customers
Medibank has confirmed their lack of cyber insurance will cost the company between $25 and $35 million, following a recent breach.
The health insurer announced on 26 October that cyber criminals gained access to personal data from all 3.9 million of Medibanks customers.
Cyber thieves now have access to sensitive information such as health-claims data, ahm and international students’ units as well as personal data.
Customers should expect to be contacted directly by Medibank to be notified what specific data has been taken from them.
The Australian Federal Police (AFP), Australian Cyber Security Centre (ACSC) and third-party IT experts are now working with Medibank to investigate the breach.
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