Medibank CEO says ransom amount 'irrelevant' and paying up would only increase risk of further extortion
2 years, 4 months ago

Medibank CEO says ransom amount 'irrelevant' and paying up would only increase risk of further extortion

ABC  

The 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

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2 years, 2 months ago
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Russia responds after AFP Commissioner says Medibank hackers based in Russia
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Hackers claim they demanded $15 million ransom as more Medibank customer data posted to dark web
2 years, 4 months ago
Hacker releases Australian health insurer’s customer data
2 years, 4 months ago
Medibank confirms names, addresses, birthdays posted to dark web by hackers after ransom deadline passes
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Cyber-extortionist leaks Australians’ medical records online
2 years, 4 months ago
Extortionist threatens to publish Australian customer data
2 years, 4 months ago
Medibank data leak threatened by cybercriminal as class action lawsuits loom
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Medibank refuses to pay ransom for hacked data as affected customer number doubles to 9.7m
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Medibank says all customers' personal data compromised by cyber attack
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Medibank reveals customer data breach much wider than originally thought
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What we know about the Medibank cyber attack and what to do if you're a customer
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Medibank admits personal data stolen in cyber attack
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If your company is held hostage, should you pay the ransom? Or should you be forced to tell the authorities?
3 years, 8 months ago
Trend of ransom payoffs to unlock malware from ‘electronic stickups’ troubles law enforcement
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