MedFin Australia targeted by Cyber Attack

MedFin, an Australian based firm that offers financial help for medical services has issued a press statement yesterday that it was targeted by a cyberattack, on June 14th, 2020, but no data was compromised in the incident.


Paul Freeman, the CEO of the National Australia Bank’s (NAB) business subsidiary, confirmed the news and said that the incident was contained, on time, and no disruption was witnessed to any of the business services.


Highly placed sources say that the incident was identified by the company’s digital intrusion detection systems and the staff took all measures to neutralize the impact by issuing a proper fix.


Prima Facie has confirmed that no data was compromised in the attack. But the company has decided to alert all its customers via email by this month-end offering details of the attack.


Attack details were passed on to the Australian Cybersecurity Center along with the NAB’s security team who late became busy in finding out the culprits behind the cyber incident.


Note- A week ago, the Australian Prime Minister Scott Morrison issued a public statement that a group of hackers was trying to disrupt the digital operations of several businesses operating in Australia and the Chinese Intelligence is suspected to be behind the attack. Soon after the public statement, the Australian government announced that it will allocate $1.35 billion in Australian currency to strengthen the Cybersecurity defense-line of the country.

Naveen Goud
Naveen Goud is a writer at Cybersecurity Insiders covering topics such as Mergers & Acquisitions, Startups, Cyber Attacks, Cloud Security and Mobile Security

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