E-prescription company fails after data breach.

MediSecure and Operations MDS have been assigned administrators and liquidators.

June 5th 2024.

E-prescription company fails after data breach.
The company MediSecure, which provided electronic prescriptions, has recently gone into administration and liquidation following a data breach. This news comes just a few weeks after the breach, which was announced on the company's website. According to the statement, personal and health information was compromised in the breach.

After the breach, government authorities reassured the public that there was no need to change their Medicare cards. This was a relief for many, as the breach had caused a lot of concern. Prior to the breach, MediSecure was responsible for facilitating the delivery of prescription medications through e-scripts. However, last November, the federal government made eRx the only approved e-script provider, leading MediSecure to halt this part of their service. Despite this change, the website remained up to allow patients to access their existing documents.

Fast forward to now, and FTI Consulting has been appointed as the voluntary administrators and liquidators of MediSecure Limited and Operations MDS Pty Ltd. In a statement, liquidator Vaughan Strawbridge acknowledged the severity of the cyber incident and assured that the company has been in contact with the Australian government to provide information in response to the breach. As part of their role, the administrators and liquidators will investigate the company's affairs and look into options to recover assets for the benefit of the companies' creditors. They also plan to speak with the government about their needs and the next steps in responding to the data breach.

A meeting of creditors for MediSecure Limited is scheduled to take place in mid-June. In the meantime, Home Affairs Minister Clare O'Neil has urged the company to clarify what personal information was taken and to notify those affected as a matter of urgency. She also expressed her disappointment with the delay in providing information and expects more regular updates on the progress of the investigation.

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