The ASX-listed private health insurance company has dubbed the time off as a “gift”.
Private health insurance was in a financial death spiral as the sector struggled to attract younger Australians. The pandemic has changed that.
The insurer is applying to the Federal Court to stop a representative complaint that could affect compensation for hacking victims.
The corporate regulator will target the directors of Australia’s largest companies if they fail to do enough to protect customers from a cyberattack.
Despite younger,health-conscious customers helping keep claims under control,Australia’s largest private health insurers are split on the need for a big hike in premiums this year.
The banking regulator requires the health insurer to hold additional capital,and flagged potential repercussions to executive pay after a review of its massive data breach last year.
The Australian Federal Police has had no response after providing detailed intelligence on those it believes were behind last year’s devastating privacy breach.
It’s not the size of your surplus that’s important,but whether it lasts long enough to satisfy.
Attempts to get compensation for nearly 10 million victims of the Medibank Private hack have hit an unexpected hurdle.
Home Affairs Minister Clare O’Neil says recent attacks on Optus,Medibank and Latitude Financial are just the “tip of the iceberg” for damaging cyberattacks.
Could it be that shareholders and consumers are becoming blasé about major data breaches?