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Showing 11 - 20 of 31 results for "Cyber risk"

APRA urges entities to strengthen risk management

CASSANDRA BALDINI  |  FRIDAY, 25 NOV 2022
... over the coming year. These include the commencement of the new Financial Accountability Regime, the growing issue of cyber risk and APRA's enhanced prudential requirements around operational resilience. "Over the past 18 months, APRA has been delving ...

Life after legalsuper: Proebstl

ELIZABETH FRY  |  FRIDAY, 11 NOV 2022
... include regulatory/compliance, risk management, company secretariat, tax governance and optimisation, internal audit and cyber risk management. Services would be tailored to a fund's particular needs. "What are the services the fund wants to 'own' ...

ASIC outlines cybersecurity expectations

JAMIE WILLIAMSON  |  FRIDAY, 13 MAY 2022
... do not prescribe specific requirements for individual licence holders. We do, however, expect licensees to address cyber risk as part of their AFS licence obligations, including risk management," the regulator said. Failure to comply with such expectations ...

Cyber attacks scare directors: WTW

ELIZABETH MCARTHUR  |  FRIDAY, 22 APR 2022
Company directors are understandably spooked by the threat of cyber attacks, extortion and ransomware, a survey has found. The new survey from Willis Towers Watson and Clyde & Co identified the key risks for directors and officers of companies. Cyber-attacks ...

Governance Institute of Australia names chair

KARREN VERGARA  |  TUESDAY, 27 JUL 2021
... navigate growing complexity and increasing challenges," she said. "Climate change risk, real time technological change, cyber risk, and the changing notion of consumers are just some of the issues that will require an evolution of our boards, our company ...

ASIC looks to tighten crypto ETP oversight

JAMIE WILLIAMSON  |  WEDNESDAY, 30 JUN 2021
... proposing responsible entities disclose market risk, pricing risk, immutability, increased regulation risk, custody risk, cyber risk and environmental risk. "We also consider that minimum standards as to pricing, risk management and custody should apply ...

Super must prioritise cybersecurity risk: Report

KARREN VERGARA  |  MONDAY, 8 FEB 2021
... error or negligence (55%) and malware (46%). Over half (62%) of respondents admitted they have limited understanding of cyber risk as senior managers, which is a limitation in managing such risks. "There is a lack of accountability for end-to-end cybersecurity ...

ASIC takes action against RI Advice

ELIZABETH MCARTHUR  |  FRIDAY, 21 AUG 2020
... orders that RI Advice pay a civil penalty and compliance orders so that the group will have to implement appropriate cyber risk management. ASIC named Anthony Hilsley, a financial adviser at Superannuation Advisory Service trading as Wise Financial Planning ...

Climate crisis tops list of risks for 2020s

ALLY SELBY  |  THURSDAY, 16 JAN 2020
... adding pressure on companies to take action on climate risk at a time when they also face greater geopolitical and cyber risk challenges." The majority of younger respondents believed that "extreme heat waves" (88.8%), "destruction of ecosystems" (87.9%) ...

Crestone profits boosted by clients

ELIZA BAVIN  |  THURSDAY, 31 OCT 2019
... new financial advisers since 1 July 2018, bringing the total to 79. "Crestone has hired additional specialists in the cyber risk and regulatory compliance areas, augmenting any requirements that may come from the Royal Commission," Crestone said. "Through ...