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Showing 11 - 20 of 514 results for "Attack"

ASX loses $100bn as Iran war escalates

ELIZA BAVIN  |  MONDAY, 9 MAR 2026
The ASX 200 saw around $100 billion wiped at the open as the war in Iran continues to escalate. Oil prices have surged more than 20% due to disruptions in the Strait of Hormuz; a critical checkpoint for the world's oil supply. Betashares chief economist ...

FIIG Securities fined $2.5m for lengthy cyber failures

JAMIE WILLIAMSON  |  TUESDAY, 10 FEB 2026
... suspicious activity. FIIG was notified by the Australian Signals Directorate's Australian Cyber Security Centre while the attack was occurring but waited a further week before acting. In total, about 385GB of confidential data was stolen and some ...

Cbus hires corporate governance head

ELIZA BAVIN  |  MONDAY, 12 JAN 2026
... superannuation funds have been lifting their cyber security practices after several funds were targeted in a coordinated attack in April last year. Cbus was among the funds targeted but ultimately came out unscathed. AustralianSuper saw 10 members lose ...

FEATURE | Recruitment: Laying foundations

RIDDHIMA TALWANI  |  MONDAY, 5 JAN 2026
In 2019, then APRA chair Wayne Byres had a blunt message for superannuation funds: "Are you going to get better, or are you going to get out?" The question marked the decisive shift in the regulator's tone, making its agenda explicit: super funds ...

Most read in 2025: Superannuation

ELIZA BAVIN  |  MONDAY, 22 DEC 2025
... AustralianSuper had the biggest marketing budget while Hostplus continued to splurge on sponsorship deals. Cybercriminals attack major super funds Cybercriminals attempted to breach the systems of several superannuation funds in April, although most ...

Super good for financial stability, for now: RBA

ELIZA BAVIN  |  WEDNESDAY, 12 NOV 2025
RBA assistant governor (financial system) Brad Jones has told the ASFA Conference 2025 that the size of Australia's superannuation system is a "national asset" but warned that funds need to take proper measures to protect it. "Historically, the super ...

Hume's super sharing bill lashed in parliament

ELIZA BAVIN  |  FRIDAY, 7 NOV 2025
... unit rather than a couple," she said. Darmanin accused the opposition of "hoodwinking" with the proposal, calling it an attack on superannuation. "Their answer to many things is to raid your super, and one of their election policies was to attack super ...

ASIC slams licensees' lax offshoring governance

KARREN VERGARA  |  FRIDAY, 10 OCT 2025
Most financial advice licensees that rely on offshore service providers (OSPs) fail to adequately assess, monitor and audit their arrangements thus putting their processes and business at risk, a new ASIC investigation reveals. ASIC's review of 10 financial ...

ASIC reports 50% jump in investigations in FY25

RIDDHIMA TALWANI  |  THURSDAY, 9 OCT 2025
... highlighted that in the last 12-18 months ASIC became increasing concerned with the rise in "unscrupulous" business models that attack the superannuation savings of Australians, commonly done through high-pressure selling and promises of better returns ...

Liquidity, operational shocks major issues for super: RBA

ELIZA BAVIN  |  FRIDAY, 3 OCT 2025
The Reserve Bank of Australia (RBA) has released its Financial Stability Review, highlighting that building resilience to severe liquidity and operations shocks must remain a priority for superannuation funds. "Superannuation funds now account for around ...