The Latest Breaking News from Medibank Private

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.

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

In the past financial year, the Australian Cyber Security Centre received 76,000 cyber-crime reports – on average, one every seven minutes. The year before, it was a report every eight minutes. The year before that, every ten minutes.

Experts say it's unclear what the hackers are after, but the intimacy of what has been stolen could undermine our trust in the health system.

Britain is once again leaderless after Liz Truss resigned having served for only 45 days as prime minister, and hackers say they have the medical records of 1 million Medibank Private customers.

The private health insurer is the latest company to report a cyber attack.

The health insurer says it detected "unusual activity" on its network on Wednesday, and clients will face disruptions.