June 27 (Reuters) - Australia's APRA:
- TAKES ACTION AGAINST MEDIBANK PRIVATE IN RELATION TO CYBER INCIDENT
- APRA WILL IMPOSE AN INCREASE IN MEDIBANK’S CAPITAL ADEQUACY REQUIREMENT OF A$250 MILLION
- WILL ALSO CONDUCT TARGETED TECHNOLOGY REVIEW OF MEDIBANK, WITH PARTICULAR FOCUS ON GOVERNANCE AND RISK CULTURE
- CAPITAL ADJUSTMENT WILL BE APPLIED TO MEDIBANK’S OPERATIONAL RISK CHARGE UNDER THE NEW PRIVATE HEALTH INSURANCE CAPITAL FRAMEWORK
(([email protected];))
News: MPL Australia's APRA Takes Action Against Medibank Private In Relation To Cyber Incident
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