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Showing 541 - 550 of 1678 results for "Breach"

Malicious attacks most common in finance

ELIZA BAVIN  |  FRIDAY, 29 JAN 2021
... error was the source of 28% of data breaches within the finance sector. "Organisations need to reduce the risk of a data breach by addressing human error - for example, by prioritising training staff on secure information handling practices," Falk said. ...

ASIC faces cybersecurity attack

KARREN VERGARA  |  WEDNESDAY, 27 JAN 2021
Corporate watchdog ASIC was hit with a cybersecurity breach on January 15 that has potentially exposed personal information. ASIC announced on January 25 that the incident involved unauthorised access to a server that contained documents associated ...

Crackdown on ERS scams continues

ELIZA BAVIN  |  MONDAY, 18 JAN 2021
The Australian Taxation Office (ATO) has confirmed it is still working with the Australian Federal Police (AFP) to crack down on early release of super scams which cost Australians over $6 million. Combined, the value of scams rose 23% in 2020, with ...

Rice Warner weighs in on Your Future, Your Super

KARREN VERGARA  |  THURSDAY, 14 JAN 2021
... funds will likely position themselves favourably to these potential members but will need to be careful they don't breach anti-hawking legislation. Rice Warner suggested trustees be exempt from such regulation given that the performance test will ...

AustralianSuper breached member's privacy: Regulator

KANIKA SOOD  |  TUESDAY, 12 JAN 2021
... regarding the insurance claim," the judgement said. The OAIC found AustralianSuper disclosed WG's personal information in breach of Australian Privacy Principle 6 and failed to take reasonable steps to ensure that it used accurate and up-to-date personal ...

Australian banks among most fined

ELIZABETH MCARTHUR  |  TUESDAY, 12 JAN 2021
Australian banks have taken the inauspicious title of second most fined in the world for 2020, according to new data. The research from Finbold found that US banks had to pay the most in fines of anywhere in the world - with 12 fines against US banks ...

Class action launched against OnePath

ELIZA BAVIN  |  TUESDAY, 5 JAN 2021
... trustee not acting in the best interests of its members," Morrison said. "We believe that the trustee's conduct was in breach of the law and it should be held to account and required to compensate its members."

FASEA exam results for November 2020

ELIZABETH MCARTHUR  |  TUESDAY, 22 DEC 2020
FASEA has released exam results from the ninth Financial Advisers Exam held in November 2020, all financial advisers in Australia have until January 2022 to complete the exam. Just 11,241 advisers have passed the FASEA exams held to date - representing ...

Foreign investors face tip offs

ANNABELLE DICKSON  |  TUESDAY, 22 DEC 2020
The government has released a new compliance campaign to crack down on foreign investors purchasing residential property and ensuring they are abiding by the guidelines. The Tip Off campaign encourages people to send information to the tax office about ...

Charles Schwab fails consumers, cops fine

KARREN VERGARA  |  TUESDAY, 22 DEC 2020
... for a number for safeguard and compliance failures, the UK's Financial Conduct Authority has found, noting the two-year breach period to April 2019. The FCA determined CSUK did not adequately protect client assets by way of poor recordkeeping, failing ...