Oliver Peterson: Australian correspondent on the latest Medibank hack and refusal to pay the hackers cyber ransom - Heather du Plessis-Allan Drive

Over in Australia, private health insurer Medibank has recently been hacked and the personal data of at least 9.7 million current and former customers in hanging in the balance.

The hackers have asked for a digital ransom, and while Medibank won't disclose how much it is, they will confirm that they're not paying it.

In the meantime, Medibank is encouraging customers to be cautious, as the hackers may release the data or contact them directly.

Australian correspondent Oliver Peterson explained how Medibank may proceed, as they have their customers and regulations from the Australian Govenmenrt to take into account.

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