Medibank

Australian government approves health insurance premium hikes for 2025

February 27 2025

The approval follows two government rejections of insurers' initial proposals, with the latest refusal in January.

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Regulator blames Medibank cyberattack on lack of multi-factor authentication

June 20 2024

In a court filing, the OAIC alleges that the health insurer's lack of MFA enabled hacker to exfiltrate 520 gigabytes of data.

Australia's Medibank launches 4-Day work week trial

October 26 2023

The insurer will test a four-day work week for 250 employees over six months, which will be observed by Macquarie University’s Health and Wellbeing Research Unit — to monitor productivity, employee satisfaction,...

Medibank hit with another class-action lawsuit over 2022 cyberattack incident

June 29 2023

The filing come just days after APRA asked Medibank to set aside an additional AU$250m (US$165m) capital buffer

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Australian regulator hits Medibank with AU$250m (US$167m) capital adequacy increase following cyber incident

June 27 2023

APRA imposed the increase following the October 2022 cyber breach, in which an estimated 9.7 million customer records were compromised.

Medibank faces third class action lawsuit over October 2022 cyber breach

May 8 2023

The class-action from Slater & Gordon follows Baker & McKenzie's in February and Quinn Emanuel Urquhart & Sullivan's in March.

Photo of toy figure in suits inspecting computer board.

Medibank coy on findings of cyber attack

April 28 2023

Deloitte has been conducting a review of Medibank's systems - the findings are understandably opaque

Premium rate hikes and post-pandemic stabilization driving revival of Australia's L&H sector: S&P

April 8 2023

Fiscal first half results point to better market conditions and increased profitability.

Medibank hit with second class action lawsuit

March 30 2023

The lawsuit comes after its major October 2022 cyber reach

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