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AAP
AAP
Business
Peter Bodkin

Ransom payouts lure 'lowlife' hackers: REA

REA Group, the owner of Realestate.com, carries out dummy runs to test its cyber attack defences. (Tracey Nearmy/AAP PHOTOS) (AAP)

The head of the firm behind Australia's biggest property website says the company wouldn't pay a cyber attacker's ransom, warning the move only encourages "lowlife" hackers.

The comments from REA Group chief Owen Wilson come after it was revealed private health insurer Medibank recently refused to pay a ransom demand, leading to reams of sensitive customer data being leaked online.

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