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Medibank was formally notified Tuesday of a class action-style complaint brought on behalf of millions of customers in the wake of last month's massive data breach.
The Australian unit of the world's largest cryptocurrency exchange, Binance, has been fined $2 million for sending million of emails that violated spam laws.
The personal details of 130,000 Telstra customers were accidentally released in a privacy breach the result of a "misalignment of databases", the telecommunications giant has revealed.
Medibank faces a representative proceeding over last month's data breach that exposed the sensitive information of millions of customers, as the private health insurer reveals more stolen data was posted online overnight.
Despite recent class actions against Medibank and Optus for cybersecurity breaches, class actions over cyber attacks will not become common because they involve “a lot of work for not a lot of money”, a lawyer has predicted.
Medibank is facing another class action investigation over a massive data breach that left the personal information of almost 10 million customers exposed, just days after criminals began publishing sensitive customer health data.
Legislation introduced in the wake of massive cyberattacks against Optus and Medibank that will increase penalties for serious privacy law violations to $50 million has sailed through the House just two weeks after being introduced.
A class action investigation over the data breach that exposed the personal information of almost 10 million Medibank customers is underway, with two law firms teaming up to probe whether the private health insurer is liable for damages.
Medibank will not pay a ransom to a criminal who stole the data of 9.7 million customers, saying it would encourage extortion.
Medibank's woes worsened Wednesday as the insurer revealed data for all 4 million of its current and former customers had been accessed during a cyberattack after initially reporting no customer data had been exposed.