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Friday, 03 July 2020 05:52

NAB subsidiary Medfin was targeted in cyber attack on 14 June Featured

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NAB subsidiary Medfin was targeted in cyber attack on 14 June Image by btaskinkaya from Pixabay

Medfin, a subsidiary of the National Australia Bank that works with healthcare professionals, was hit by an attempted cyber attack on 14 June, the company's chief executive Paul Freeman says.

In a statement issued on Thursday, Freeman said the attack was identified and stopped and business operations had not been disrupted in any way.

The attack had been identified through what appears to be an intrusion detection system that monitors issues with the company's network. Freeman said the Medfin staff had begun a full and thorough investigation and acted to fix the issue..

“We have conducted an investigation and currently there is no evidence to suggest that personal information has been affected," he added.

"However, we think it’s the right thing to do to let our customers know what has occurred and to advise them of the steps we are taking to keep them safe.

“Medfin strongly condemns this malicious activity and continues to focus on protecting and serving our customers.”

Medfin provides financial services for medical practitioners and is part of the NAB Group.

Its servers are on a separate network and no NAB infrastructure or data was targeted by the attempted attack, Freeman said.

The company had worked with NAB’s cyber security team and the Australian Cyber Security Centre during the investigations, he added

“We’d like to thank our customers for their understanding and ongoing support. This event also demonstrates how important it is for all of us to be vigilant to the cyber security landscape due to the ever evolving and malicious intent of these types of attacks,” Freeman said.


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Sam Varghese

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Sam Varghese has been writing for iTWire since 2006, a year after the site came into existence. For nearly a decade thereafter, he wrote mostly about free and open source software, based on his own use of this genre of software. Since May 2016, he has been writing across many areas of technology. He has been a journalist for nearly 40 years in India (Indian Express and Deccan Herald), the UAE (Khaleej Times) and Australia (Daily Commercial News (now defunct) and The Age). His personal blog is titled Irregular Expression.

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