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Collapsed airline Air Vanuatu owes creditors $110 million and that number is expected to rise, the company's liquidators say.

In a statutory report to creditors released this afternoon, liquidators from Enrst and Young have said the carrier's "financial position is dire".

Air Vanuatu has an overall deficit of $US65.9 million ($98.6 million) and owes creditors $US73.5 million ($110 million), according to the report, which says the actual amount owing is likely to be far higher.

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"The company's available financial information is significantly out of date," liquidators wrote.

"Therefore, this statement represents the liquidators' best estimates only, based on the company's books and records, and the information available.

"As our investigations continue, it is almost certain this estimate will change.

"In particular, it is likely the value of liabilities will increase materially."

The liquidators are exploring options – including a sale of the business – to keep Air Vanuatu running but said, were it not for the financial support of the Vanuatu government, the airline would collapse for good.

"The liquidators are grateful for the government's statement of financial support which is required to stabilise the operations of the company.

"If not for this financial support, the liquidators have no other choice than to cease operations and wind down the company.

"The company's financial position is dire and it clearly cannot fund its own operations."

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According to the report, only two of Air Vanuatu's six aircraft are currently flight-ready, with three requiring maintenance and one repossessed by its owner.

Liquidators said plane part shortages were one of the reasons behind the airline's financial troubles.

"(Air Vanuatu) encountered several operational challenges in recent years … such as travel restrictions associated with the COVID-19 pandemic, natural disasters such as the double cyclone event in 2023, and disruptions to the availability of its fleet, due to global aviation parts shortages," the report states.

"As a consequence, we understand the business has been underperforming for a significant period of time."

The airline unexpectedly cancelled its international flights last week, including those to Sydney and Brisbane, before being put into voluntary liquidation the day after.

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Electronic prescription provider MediSecure has fallen victim to a "large scale" data breach, potentially putting Australians' private medical information at risk and sparking a national approach from the federal government.

The company released a statement on its website – which is now otherwise inactive – this afternoon confirming the breach involved "personal and health information".

"We have taken immediate steps to mitigate any potential impact on our systems," it said.

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"While we continue to gather more information, early indicators suggest the incident originated from one of our third-party vendors."

The company provided a system to allow healthcare professionals like GPs to send prescriptions to patients electronically.

Its logo contains the tagline: "eScripts. Sent. Secure. Safe."

It has not been used since November 15 for new electronic prescriptions after the federal Health Department made eRx the sole e-script provider but has remained online for patients to access existing documents.

MediSecure company said it had contacted government agencies and is helping them "manage the impacts of the incident".

"MediSecure understands the importance of transparency and will provide further updates via our website as soon as more information becomes available," it said.

"We appreciate your patience and understanding during this time."

The National Cyber Security Coordinator said earlier today it was informed by MediSecure of the incident yesterday.

"Yesterday afternoon I was advised by a commercial health information organisation that it was the victim of a large-scale ransomware data breach incident," Cyber Security Coordinator Lieutenant-General Michelle McGuinness said in a statement.

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"I am working with agencies across the Australian government, states and territories to coordinate a whole-of-government response to this incident.

"The Cyber Security Centre is aware of the incident and the Australian Federal Police (are) investigating."

Federal Cyber Security Minister Clare O'Neil said the government is responding to the data breach.

"I have been briefed on this incident in recent days and the government convened a National Coordination Mechanism regarding this matter today," she said this afternoon.

"Michelle McGuinness is leading work across the Australian government to support the company in managing this large-scale ransomware incident.

"Updates will be provided in due course. Speculation at this stage risks undermining significant work underway to support the company's response."

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https://twitter.com/AUCyberSecCoord/status/1790917205368135703?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet

McGuinness said the investigation was still in its early stages, and more updates will be provided soon.

"We are in the very preliminary stages of our response and there is limited detail to share at this stage," she said.

"But I will continue to provide updates as we progress while working closely with the affected commercial organisation to address the impacts caused by the incident."

Full statement from MediSecure

Cyber security incident/data breach

MediSecure has identified a cyber security incident impacting the personal and health information of individuals. We have taken immediate steps to mitigate any potential impact on our systems.

While we continue to gather more information, early indicators suggest the incident originated from one of our third-party vendors.

MediSecure takes its legal and ethical obligations seriously and appreciate this information will be of concern. MediSecure is actively assisting the Australian Digital Health Agency and the National Cyber Security Coordinator to manage the impacts of the incident. MediSecure has also notified the Office of the Australian Information Commissioner and other key regulators.

MediSecure understands the importance of transparency and will provide further updates via our website as soon as more information becomes available. We appreciate your patience and understanding during this time.

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