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Medibank [ASX:MPL] Faces $250 Million Penalty for Data Breach - Daily Reckoning Australia

Medibank faces a $250 million capital reserve requirement as punishment by the APRA for last Octoberโ€™s massive data breach in which the data of 9.7 million customers was stolen. Shares have remained resilient to the news, up by 1.71%, trading at $3.56 per share.
David Koczkar Callum Newman Suzanne Smith Mark Dreyfus Johns Lyng Group Office Of The Australian Information

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