ASIC Cyber Security Proceedings Initiated

ASIC has commenced proceedings against RI Advice Group Pty Ltd in the Federal Court of Australia for alleged failure to have adequate cyber security systems in place.  This marks the first time that ASIC have instituted proceedings of this kind recognising the importance of cyber security as well as the continued spotlight on financial services [...]

2021-02-01T09:36:33+00:00February 1st, 2021|Business Advice, Compliance, Corporate Advisory, Data Protection|Comments Off on ASIC Cyber Security Proceedings Initiated

APRA to Impose Strict Cyber Security Rules

Data Protection continues to be a subject of sweeping legal reforms and public concern, both in Australia and internationally. Last month, the Australian Prudential Regulation Authority (APRA) followed suit when it finalised its new prudential standard designed to shore up information security across the finance industry. The new standard, CPS 234, will come into effect [...]

2020-05-12T04:27:43+00:00December 5th, 2018|Business Advice, Compliance, Corporate Advisory, Data Protection|Comments Off on APRA to Impose Strict Cyber Security Rules