Medibank faces $21 trillion fine in a cybersecurity test case | The Business | ABC News

Medibank is facing a potential fine of $21.5 trillion for allegedly failing to protect the sensitive information of its customers in one of the country's largest ever data breaches. Personal data of nearly 10 million customers, including medical records, was stolen by hackers and leaked to the dark web. The regulator, Office of the Australian Information Commissioner, has sued Medibank in the Federal Court after an 18-month investigation which concluded the company failed in its security responsibilities to customers. The Privacy Commissioner Carly Kind says this is a test case and a wake-up call to businesses that they don't only have a corporate responsibility but a legal one to protect customer information.
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