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Australian Health Insurer Medibank Suffers Breach Exposing 3.9 Million Customers' Data

Australian Health Insurer Medibank Suffers Breach Exposing 3.9 Million Customers' Data

Oct 27, 2022
Australian health insurance firm Medibank on Wednesday disclosed that the personal information of all of its customers had been unauthorizedly accessed following a recent ransomware attack. In an update to its ongoing investigation into the incident, the firm  said  the attackers had access to "significant amounts of health claims data" as well as personal data belonging to its  ahm health insurance subsidiary  and international students. Medibank, which is one of the largest Australian private health insurance providers,  serves about 3.9 million customers  across the country. "We have evidence that the criminal has removed some of this data and it is now likely that the criminal has stolen further personal and health claims data," the company further added. "As a result, we expect that the number of affected customers could grow substantially." The company also said it's continuing its probe to determine what specific data has been stolen in th
19-Year-Old Teen Arrested for Using Leaked Optus Breach Data in SMS Scam

19-Year-Old Teen Arrested for Using Leaked Optus Breach Data in SMS Scam

Oct 06, 2022
The Australian Federal Police (AFP) has arrested a 19-year-old teen from Sydney for allegedly attempting to leverage the data leaked following the Optus data breach late last month to extort victims. The suspect is said to have carried out a text message blackmail scam, demanding that the recipients transfer $2,000 to a bank account or risk getting their personal information misused for fraudulent activities. The source of the data, the agency said, was a sample database of 10,200 records that was posted briefly on a cybercrime forum accessible on the clearnet by an actor named "optusdata," before taking it down. Details of the scam were  previously shared  by 9News Australia reporter Chris O'Keefe on September 27, 2022. The AFP further said it executed a search warrant at the home of the offender, leading to the seizure of a mobile phone used to send the text messages to about 93 Optus customers. "At this stage it appears none of the individuals who received t
How to Accelerate Vendor Risk Assessments in the Age of SaaS Sprawl

How to Accelerate Vendor Risk Assessments in the Age of SaaS Sprawl

Mar 21, 2024SaaS Security / Endpoint Security
In today's digital-first business environment dominated by SaaS applications, organizations increasingly depend on third-party vendors for essential cloud services and software solutions. As more vendors and services are added to the mix, the complexity and potential vulnerabilities within the  SaaS supply chain  snowball quickly. That's why effective vendor risk management (VRM) is a critical strategy in identifying, assessing, and mitigating risks to protect organizational assets and data integrity. Meanwhile, common approaches to vendor risk assessments are too slow and static for the modern world of SaaS. Most organizations have simply adapted their legacy evaluation techniques for on-premise software to apply to SaaS providers. This not only creates massive bottlenecks, but also causes organizations to inadvertently accept far too much risk. To effectively adapt to the realities of modern work, two major aspects need to change: the timeline of initial assessment must shorte
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