Three major law firms have combined forces in the investigation into Medibank's fault in its October data breach which could win millions of its customers compensation.
It was confirmed on Sunday that Maurice Blackburn, Bannister Law Class Actions and Centennial Lawyers have partnered to investigate Medibank for its October data breach.
And the OIAC would be instrumental with its power to order Medibank to pay compensation to its affected customers pending the law firms’ investigations. Almost 10 million customers could receive compensation after Medibank confirmed 9.7 million of its former and current customers, AHM and international student customers had their data stolen by a Russian ransomware group in October.George Newhouse, principal at Centennial Lawyers, said he felt very little sympathy for Medibank, which had “every opportunity” to build robust and safe systems.
“We cannot undo the damage that has been caused in this data breach, but we can ask the Commissioner to investigate the data breach and seek compensation from Medibank on behalf of those affected, including for financial or non-financial loss, such as humiliation, stress, and feelings of anxiety.”
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