The Australian health insurance company Medibank is facing a financial abyss with an estimated bill up to $126 million thanks to a major 2022 data breach. The firm has already spent $86.2 million and costs are predicted to increase dramatically by 2025, including substantial expenditures on IT security enhancements and litigation resulting from the breach. Surprisingly, Medibank’s customer rates have returned to pre-breach levels.
Did Iran Hack Tank Readers at US Gas Stations? Security Leaders Discuss
Security leaders share their thoughts on the attack, Iran’s potential involvement and the broader implications.
