All of Medibank’s stolen data leaked, Australia increases maximum penalties for data breaches & More Trending News

 

Australian medical health insurance supplier Medibank has confirmed that one other batch of the shopper data stolen within the latest breach has been leaked.

Medibank data leaked

“We are conducting further analysis on the files today and at this stage believe there are 6 zipped files in a folder called ‘full’ containing the raw data that we believed the criminal stole,” the corporate mentioned. They beforehand confirmed that data of 9.7 million of its present and former prospects was stolen.

The present state of affairs

Medibank is making an effort to reduce the dangerous information, considerably, by saying that a lot the data leaked is incomplete and laborious to grasp.

“For example, health claims data released today has not been joined with customer name and contact details,” the corporate claims.

Also, that “there are currently no signs that financial or banking data has been taken,” and that “the personal data stolen, in itself, is not sufficient to enable identity and financial fraud.”

Simultaneously, they’re additionally asking “the media and others” to “not to unnecessarily download sensitive personal data from the dark web and to refrain from contacting customers directly.”

There’s little question that, given the delicate nature of the compromised and leaked data, the assist program they arrange may be very complete, providing free identification monitoring companies, counseling and assets for psychological well being assist, hardship assist, and so forth. Nevertheless, this all could be of chilly consolation to these affected.

High-profile data breaches pushed Australia to extend fines

Also on Thursday, the Office of the Australian Information Commissioner (OAIC) – which is the nationwide data safety authority for Australia – has introduced the beginning of an investigation into the private data dealing with practices of Medibank.

“The OAIC’s investigation will focus on whether Medibank took reasonable steps to protect the personal information they held from misuse, interference, loss, unauthorised access, modification or disclosure. The investigation will also consider whether Medibank took reasonable steps to implement practices, procedures and systems to ensure compliance with the Australian Privacy Principles (APPs),” the OAIC acknowledged.

“If the OAIC’s investigation satisfies the Commissioner that an interference with the privacy of individuals has occurred, the Commissioner may make a determination that can include requiring Medibank to take steps to ensure the act or practice is not repeated or continued, and to redress any loss or damage. If the investigation finds serious and/or repeated interferences with privacy in contravention of Australian privacy law, then the Commissioner has the power to seek civil penalties through the Federal Court of up to $2.2 million for each contravention.”

The Medibank breach and different latest high-profile data breaches at large Australian corporations (e.g., Optus) have spurred the Australian parlament to vote in laws that has elevated the fines Australian enterprise face if hit with data breaches.

“The Privacy Legislation Amendment (Enforcement and Other Measures) Bill 2022 increases the maximum penalties for serious or repeated privacy breaches from the current $2.22 million penalty to whichever is the greater of: $50 million; three times the value of any benefit obtained through the misuse of information; or 30 per cent of a company’s adjusted turnover in the relevant period,” Mark Dreyfus, Australian’s Attorney-General, defined.

“These new, larger penalties send a clear message to large companies that they must do better to protect the data they collect.”

All of Medibank’s stolen data leaked, Australia increases maximum penalties for data breaches

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All of Medibank’s stolen data leaked, Australia increases maximum penalties for data breaches

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