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CYBERSECURITY
Financial planning
Financial advice firms have told Adviser Ratings they are planning to increase their compliance spend by almost a third, including on enhancements to their cyber security...
Financial planning
With Insignia Financial suffering a cyber attack on its Expand platform, this can potentially have a negative impact on the two private equity bids currently in play for ...
Funds management
The corporate watchdog is suing FIIG Securities for alleged failures in its cyber security measures, describing the matter as a “wake-up call” to all licensees....
Financial planning
ASIC chair Joe Longo has told AFSLs that putting in place cyber protections should be “top of mind” as they manage their businesses, and flagged the weaknesses demonstrat...
People & Products
Technology company Iress has revealed the findings of its internal investigation following a cyber incident earlier this year which affected its OneVue business. ...
Financial planning
AFSLs need to be prepared for enhanced compliance requirements as new privacy rules will necessitate a thorough look at reviews and processes, especially under the threat...
Financial planning
ASIC has flagged the 2022 case of RI Advice as an example of the need for cybersecurity measures within a financial services firm as chair Joe Longo warns a cyber attack ...
Funds management
Iress has issued an update denying the validity of “certain statements” made by an alleged threat actor, following a cyber incident last weekend....
Funds management
With US$4.45 million being the global average cost of a data breach in 2023 alongside the rapid explosion of AI, WTW has emphasised why governance efforts are critical in...
People & Products
Iress has announced it is strengthening its security settings after suffering an unauthorised access of its systems over the weekend....
Superannuation
APRA has imposed additional licence restrictions on NGS Super, which suffered a cyber attack earlier this year....
Financial planning
The corporate regulator has urged organisations to implement greater cyber security management, with an “alarming” number of firms not managing third-party or supply chai...
Funds management
Global X and VanEck have both announced their latest ETFs, focused on cyber security and government bonds. ...
Financial planning
According to this cyber security professional, the trusted relationships between advisers and their clients are the target for infiltration by hackers and firms need to e...
People & Products
Two cybersecurity reports have examined how well small and medium-sized businesses are prepared for cyberthreats, warning unprepared firms could fail to recover from an a...
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So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...