Cyber Attack Costs Medibank $46.4 Million

Cyber Attack Costs Medibank $46.4 Million
People walk past a shop front for Medibank in Sydney, Australia, on Nov. 11, 2022. Muhammad Farooq/AFP via Getty Images
Updated:
0:00

Australia’s largest insurer Medibank has sustained a $46.4 million (US$30 million) loss due to a cyber attack, according to the company’s 2023 financial year (FY) results.

Last year, Russian cybercriminals launched a hacking saga against Medibank, stealing personal data from nearly 10 million Australians and posting them on the dark web.

Nina Nguyen
Author
Nina Nguyen is a reporter based in Sydney. She covers Australian news with a focus on social, cultural, and identity issues. She is fluent in Vietnamese. Contact her at [email protected].
twitter
Related Topics