‘No doubt’: Medibank chief not backing down from ransom stance | ColinJKruger
will incur costs of up to $35 million for the December half. This does not include further potential customer and other remediation, regulatory or litigation related costs.“It has caused distress and concern for many of our customers, our people and for you, our shareholders – many of whom I know are also customers,” he said.
Wilkins said the board will continue to invest in mitigating these risks and indicated that major shareholders and advisors have shown support for the board ahead of what is expected to be a fiery meeting with shareholders get to question the board members and executives about the attack.pay a ransom in return for it not being released. The ransomware group suspected to be behind the attack then began releasing tranches of stolen Medibank data on the dark web.
Proxy investment advisors ISS, and CGI Glass Lewis, are telling investors to support all resolutions at the meeting, including the remuneration report and performance incentives for Koczkar. He received more than $2 million worth of short-term incentives and performance rights as part of his remuneration of $3.76 million last year.
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