Meeting hacking demands

Outsider

27 May 2022
| By Outsider |
image
image
expand image

With cybersecurity top of mind for the regulator after the RI Advice case, Outsider was reminded of one of the most-famous cybersecurity hacks. 

This was the hack of Canadian ‘personal’ site Ashley Madison in 2015 which saw names, addresses and credit card information stolen from 30 million users by ‘Impact Team’ and revealed online in a large-scale data dump. 

Outsider wasn’t aware this type of website existed but his learned friends inform him that it was a social networking people for married people who were looking to have affairs. 

Certainly not the type of information that one would want to see leaked online and Outsider can imagine there would have been a lot of awkward conversations around the kitchen table that morning. 

Outsider can’t decide which would be worse; dealing with a hacker demanding a ransom of thousands of dollars or an angry wife demanding an divorce?

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

Interesting. Would be good to know the details of the StrategyOne deal....

3 days 15 hours ago

It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...

3 weeks 1 day ago

increased professionalism within the industry - shouldn't that say, FAR register almost halving in the last 24 months he...

4 weeks 1 day ago

Insignia Financial has made four appointments, including three who have joined from TAL, to lead strategy and innovation in its retirement solutions for the MLC brand....

2 weeks 3 days ago

A former Brisbane financial adviser has been charged with 26 counts of dishonest conduct regarding a failure to disclose he would receive substantial commission payments ...

2 days 13 hours ago

Pinnacle Investment Management has announced it will acquire strategic interests in two international fund managers for $142 million....

1 day 16 hours ago