The class action seeks compensation for Medibank customers who had their personal and health data stolen by Russia-linked hackers in last year.
January 19, 2023APRA to intensify supervision of all entities not meeting CPS 234. Medibank executive pay could be impacted.
November 30, 2022Medibank refused to pay a $10m ransom to hackers, who have since released information linking individuals to drug addiction, alcohol abuse, abortions and mental health treatment.
November 18, 2022The budget also includes funding for APRA and ASIC to increase their staff numbers, an independent review of the carbon market, and the introduction of climate reporting standards.
October 30, 2022Medibank does not have cyber insurance, and is expected to face investor class actions, on top of lawsuits from angry customers and likely fines.
October 27, 2022Nicholas Moore, ex-CEO of Macquarie Group, has been appointed as Chair of the Financial Regulator Assessment Authority, which will oversee ASIC and APRA.
September 15, 2021