cyber

Financial planning

Smaller licensees in need of improved documentation

Advice licensees have work to do on improving their documentation of systems and processes or risk falling foul of the regulator....

People & Products

Financial services cyber attacks see 180% increase in H1 2022

Online threats against Australian financial services firms have almost tripled in the first half of 2022, according to software company Imperva. ...

Financial planning

Regtech a key priority for one in three advisers

Financial advice firms are increasingly looking to regulatory technology in an effort to offset the rising cost of compliance, according to a new report....

Financial planning

How financial advisers can prevent cyber breaches

A specialist cybersecurity lawyer has shared six tips for advisers to mitigate the risk of attacks, following evolving updates from the Optus and Medibank data breaches. ...

Policy & Regulation

ASIC hit by cyber attack

The Australian Securities and Investments Commission is working to rectify its systems after identifying a cyber attack affecting Australian credit licence applications....

People & Products

Willis Towers Watson boosts cyber capabilities

Willis Towers Watson has appointed a cyber specialist to its financial lines team, effective immediately....

Policy & Regulation

APRA warns on inevitability of cyber incident

The Australian Prudential Regulation Authority has suggested a significant cyber security incident is probably inevitable....

Financial planning

Cyber threats include privacy breaches

Digital advice providers and AFSLs should note that cyber security threats and data privacy breaches could go hand-in-hand following new legislation tabled in Parliament ...