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The Latest Breaking News from Medibank

Beyond Qantas’ data leak, Australian finance companies are also at risk of offshore hacks

Australians are once again being warned to tighten their online security and be extra alert to scammers, after up to 5.7 million Qantas customers’ personal details – including phone numbers and birthdays – were leaked to the dark web on Sunday.

The Conversation

Health insurers are offering DNA testing to see how some medicines might work. What to know before you opt in

Two major Australian health insurers, Bupa and Medibank, have started offering genetic testing meant to tell you your likely reaction to certain medications.

The Conversation

More than 4000 complaints about private health insurers

Waiting on the phone for hours to claim money back or query policy coverage from health insurance giants is an all too common experience for thousands.

AAP

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Australian shares rise after strong earnings reports

The ASX200 has finished up 0.3 per cent following better-than-expected earnings from Coles, Qantas, Medibank Private, Ramsay Health Care and Eagers Automotive.

AAP

Having an x-ray to diagnose knee arthritis might make you more likely to consider potentially unnecessary surgery

Osteoarthritis is a leading cause of chronic pain and disability, affecting more than two million Australians.

The Conversation

How can you help your child make friends?

One of the things children (and parents) may worry about at the start of the new school year is, will I have friends?

The Conversation

Higher hospital fees to drive up premiums: insurers

Nearly four million health insurance premiums could increase after large health funds opted to pay higher hospital fees under threat of higher taxes.

AAP

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Taxpayers are topping up health fund profits: analysis

Major health insurers have been accused of expecting NSW hospitals to subsidise their record profits amid a stand-off over who foots hospital bills.

AAP

Insurers warn of bill shock from hospital pay demand

NSW officials are demanding private health insurers pay full freight for public hospital stays, suggesting taxpayers are being asked to provide a huge subsidy.

AAP

Customers cut health insurance in cost-of-living crisis

Financial pressures and stiff competition have limited the number of Australian customers signing up to health insurance policies.

AAP

Do you have knee pain from osteoarthritis? You might not need surgery. Here’s what to try instead

Most people with knee osteoarthritis can control their pain and improve their mobility without surgery, according to updated treatment guidelines from the Australian Commission on Safety and Quality in Health Care.

The Conversation

CrowdStrike crash showed us how invasive cyber security software is. Is there a better way?

On Friday, the world suffered what many have described as the largest IT outage in history, when 8.5 million Windows computers crashed and wouldn’t restart.

The Conversation

Thousands of patients facing healthcare price hikes after negotiations break down between St Vincent’s and NIB

Australian Medical Association is urging both parties to reach an agreement for the sake of patients

The Guardian - AU

Medibank’s lack of multi-factor authentication allowed hackers to infiltrate systems, regulator alleges

Court documents allege insurer’s network was configured so that only a username and password was required to gain access

The Guardian - AU

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AAP

Medibank could face $21.5 trillion fine over data theft

The Australian Information Commissioner will take Medibank to court over a 2022 data breach, seeking penalties that could reach into the trillions of dollars.

The Guardian - AU

PM defends response to ICC arrest warrant request – as it happened

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The Conversation

MediSecure data breach: why is health data so lucrative for hackers?

The latest large-scale ransomware attack on a health technology provider, electronic prescription company MediSecure, was revealed last week.

AAP

Medibank keeps up fight after complaint probe bid loss

The Federal Court has dismissed Medibank's bid to halt an investigation into a data breach that compromised personal details of millions of Australians.

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AAP

Medibank half-year profit up 16pct on non-resident gain

Health insurer Medibank Private has reported a 16 per cent rise in first-half profit and claims customer growth has recovered from its 2022 cyber attack.

AAP

Four-day work week trial delivers sick leave surprise

Medibank says workers' stress has fallen and some teams are taking markedly fewer sick days as a result of its four-day working week trial.

The Guardian - AU

Why insurance premiums are squeezing Australians and fuelling inflation

Insurance increases are in the double digits and while costs have been rising, some insurers are increasing their margins

The Guardian - AU

Medicare turns 40: is Australia’s ‘little green card’ keeping up with changing health needs?

Medicare’s universality under threat as chronic disease, mental illness and an aging population increase out-of-pocket costs, experts say

The Guardian - AU

Shadowy world of ransomware-for-hire revealed by online account activity linked to the Medibank hack

Experts have pieced together the online history of Aleksandr Gennadievich Ermakov to reveal his alleged cybercrime operations in the years leading up to the attack

International Business Times

Australian Spies Blame Russian For Major Cyber Attack

Australia has identified the Russian mastermind behind a crippling cyber attack, unmasking the 33-year-old hacker for the first time on Tuesday and linking him to an international crime syndicate.

The Guardian - AU

Australia sanctions Russian citizen Aleksandr Ermakov over 2022 Medibank cyber-attack

Government uses cyber sanctions powers under Magnitsky laws for first time to target Aleksandr Gennadievich Ermakov, alleged to be responsible for hack

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