Seven Network has reached a settlement with Benjamin Cohen, the 20 year old university student who was falsely identified as the perpetrator of an attack that killed six people Bondi Westfield on 13 April.

It comes 10 days after Cohen engaged defamation lawyers and sent a concerns notice to the network, which has since issued an apology for the mistake.

"As Seven stated earlier, it was a mistake to name Mr Benjamin Cohen as the Bondi Westfield attacker. Seven has apologised to Mr Cohen. The parties have reached a settlement on confidential terms," said a Seven Network spokesperson in a statement.

The false accusation was first made on X, when on the Saturday night after the stabbings multiple users shared Cohen's LinkedIn account, falsely claiming he resembled the attacker.

On the following morning, Seven’s breakfast program Weekend Sunrise and its YouTube channel named Cohen as the perpetrator without confirmation from the police.

Several hours later New South Whales police revealed the identity of then-deceased attacker as 40-year-old Queenslander, Joel Cauchi.

"Users who abuse a platform to target individuals or communities should be held accountable for the consequences of their actions and platforms should be more accountable for the content they host," said Cohen in a statement issued via his lawyers.