Dreyfus is moving to make penalties $50 million AUD for every breach. Medibank will probably be renationalised if the legislation gets up.
All the under-resourcing, understaffing and low cost low value resourcing model cost Medibank its $3.21 billion AUD IMHO abut pls DYODD.
It will probably have to be disclosed how much they paid the hackers IMHO.
It will be a lesson to other businesses to do things properly and not be as cheap as peanuts. parading like a pauper never prospered.
Game over.
Ann: Trading Halt, page-17
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