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Showing 111 - 120 of 1741 results for "Security"

Trustees lack urgency, strategy on RIC: Regulators

KARREN VERGARA  |  TUESDAY, 18 JUL 2023
... the costs and difficulty of collecting additional data mainly due to the lack of member engagement, privacy and data security concerns. They were also uncertain about how they would use the data. "We recognise the difficulty for RSE licensees in addressing ...

US regulators launch investigation into OpenAI

CASSANDRA BALDINI  |  FRIDAY, 14 JUL 2023
... services incorporating, using, or relying on large language models has engaged in unfair or deceptive privacy or data security practices," it said "... or engaged in unfair or deceptive practices relating to risks of harm to consumers, including reputational ...

Equity managed funds in record outflows: Calastone

KARREN VERGARA  |  TUESDAY, 11 JUL 2023
... funds in record amounts in the June quarter, data from Calastone reveals, as they look to cash and fixed interest for security. Some $2.8 billion is the largest outflow Calastone has recorded in the last five years in its analysis of Australia's ...

Challenger settles real estate unit divestment

KARREN VERGARA  |  MONDAY, 10 JUL 2023
... opportunities to achieve our growth ambitions to deliver strong growth in both funds under management, and more importantly, security holder value. We see this environment as one where such opportunities are more likely to eventuate."

Openmarkets hit with largest ever MDP penalty

ANDREW MCKEAN  |  THURSDAY, 6 JUL 2023
... respond to suspicious trading activities by a client. The client had placed identical bid and ask orders on the same security at the same price, potentially creating a false impression of active trading. Subsequently, the regulator found that Openmarkets ...

Institutions must raise the bar on cybersecurity resilience: APRA

CASSANDRA BALDINI  |  THURSDAY, 6 JUL 2023
... regulator plans to have assessed more than 300 banks, insurers and super trustees' compliance with CPS 234 Information Security by the end of the year. It has so far assessed 24% of entities, finding several concerning gaps, it said. Firstly, it found ...

Calastone, Schroders collaborate on tokenised investment vehicle

ANDREW MCKEAN  |  TUESDAY, 27 JUN 2023
... than some imagine." DLT, when applied appropriately, can serve as an influential platform for the provision, management, security, and distribution of tokenised assets. Such a strategic application could pave the way for significant enhancements in both ...

More pension funds, insurers impacted by MOVEit mass-hack

JAMIE WILLIAMSON  |  TUESDAY, 27 JUN 2023
... information was involved," it said. Also like CalPERS, the information accessed included names, birth dates and social security numbers. "We know that members may be concerned, and CalSTRS is committed to ensuring the privacy and security of our members' ...

BlackRock Bitcoin ETF: A landmark institutional event?

ANDREW MCKEAN  |  MONDAY, 26 JUN 2023
... institutional investors. Fidelity Digital Assets president Tom Jessop said that platform will provide investors with the security, custody, and liquidity they need to participate in a "rapidly growing" asset class. "We believe that this platform will ...

Cyber breach claims CalPERS member data

JAMIE WILLIAMSON  |  THURSDAY, 22 JUN 2023
... secure and encrypted, the fund said. The information accessed includes first and last names, dates of birth, and social security numbers. It may have also included the names of former or current employers, spouses or domestic partners, and children ...