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Secure by design - solving online fraud through better user experiences

June 19, 2024Ken Showers, Managing Editor

YARMOUTH, Maine — In 2022 a hacker was able to breach the network of Medibank, an Australian-based healthcare provider, and what resulted was the theft of 9.7 million people’s private data for consumption on the internet. How did this data breach occur? According to reports an IT contractor with access to the passwords and credentials of multiple accounts had malware on their PC, giving bad actors access to Medibank’s systems, an egregious error that could have been prevented...

Dan Pinto, data breach, data security, Fingerprint, Medibank, Multifactor Authentication (MFA)