MPL News: Australia's Medibank faces fourth class-action lawsuit over cyberattack - 29th Jun 2023, 8:09pm

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(Reuters) - Australia's Medibank Private Ltd said on Thursday it was facing a fourth shareholder class-action lawsuit over a cyberattack incident last year that exposed the personal data of 9.7 million current and former customers.

Earlier in the week, the country's banking regulator told Medibank to set aside A$250 million ($165.30 million) in extra capital, something analysts believe will affect the firm's ability to pay capital returns to shareholders.

The latest class action alleges the he...

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