Australia's Medibank reports cyber incident, shares on trading halt

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Australia's Medibank reports cyber incident, shares on trading halt
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Australian health insurer Medibank Private said on Thursday it will isolate and remove access to some customer-facing systems as it detected unusual activity on its network.

A woman walks past a branch of the Australian state-owned health insurer Medibank Private in Sydney October 20, 2014. REUTERS/David Graysaid on Thursday it will isolate and remove access to some customer-facing systems as it detected unusual activity on its network.

The incident follows a breach late last month at Optus, Australia's second-largest telecoms provider, which compromised data of up to 10 million customers and triggered an overhaul of consumer privacy rules to facilitate targeted data sharing between telecommunication firms and banks.Medibank said on Thursday the isolation of several customer-facing systems would reduce the likelihood of damage to systems or data loss.

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