
Medibank CEO says ransom amount 'irrelevant' and paying up would only increase risk of further extortion
ABCThe boss of embattled insurer Medibank says the value of the ransom demand from cyber criminals was "irrelevant" in the company's decision not to negotiate with the hackers. Key points: The company says details of 9.7 million current and former customers have been accessed Almost half a million customers had private health data accessed Medibank chief executive David Koczkar said the company would not pay a ransom The company informed the ASX this morning that the personal details of around 9.7 million current and former customers had been accessed in a massive cyber attack last month. Medibank chief executive David Koczkar said the company would not pay a ransom to the cyber criminals, in an interview with the ABC's Afternoon Briefing. "All of our customers, including current and former customers, have received individual emails several times in the last three and a half weeks," Mr Koczkar said.
History of this topic

FBI issues warning to all Gmail users over attack hijacking accounts
Daily Mail
How Medibank allegedly ignored the warning signs in one of Australia's worst cybersecurity breaches
ABC
Medibank is being sued by the privacy regulator, a move welcomed by former customers and cybersecurity experts
ABC
Australia goes on cyber offensive with sweeping resilience plan
The Hindu
Latitude Financial will not pay ransom to cyber hackers as millions of customer records compromised
ABC
Medibank data leak extends to Australians who sought quotes from health insurance firm ahm
ABC
Medibank hack: Russian hackers release biggest trove of information yet
Daily Mail
Medibank defends decision to not pay hackers ransom for stolen data as it contacts 480,000 customers
ABC
Medibank criminal hackers trying to 'incite' fear as customers realise extent of data dump
ABC
Russia responds after AFP Commissioner says Medibank hackers based in Russia
ABC
Hackers claim they demanded $15 million ransom as more Medibank customer data posted to dark web
ABC
Hacker releases Australian health insurer’s customer data
Associated Press
Medibank confirms names, addresses, birthdays posted to dark web by hackers after ransom deadline passes
ABC
Cyber-extortionist leaks Australians’ medical records online
Al Jazeera
Extortionist threatens to publish Australian customer data
Associated Press
Medibank data leak threatened by cybercriminal as class action lawsuits loom
ABC
Medibank refuses to pay ransom for hacked data as affected customer number doubles to 9.7m
ABC
Medibank says all customers' personal data compromised by cyber attack
ABC
Customers in limbo as Medibank data breach shapes up as far worse than the Optus hack
ABC
All Medibank customers' personal data was compromised in the cyber attack. Who is at risk and what should customers do?
ABC
Medibank reveals customer data breach much wider than originally thought
ABC
Hacker holds Australian health insurer’s data for ransom
Associated Press
What we know about the Medibank cyber attack and what to do if you're a customer
ABC
Medibank admits personal data stolen in cyber attack
ABC
Health insurer Medibank Private halts trading after receiving message from company claiming to be behind cyber attack
ABC
Health insurer Medibank Private hit by cyber attack
ABC
If your company is held hostage, should you pay the ransom? Or should you be forced to tell the authorities?
ABC
Trend of ransom payoffs to unlock malware from ‘electronic stickups’ troubles law enforcement
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