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Showing 61 - 70 of 515 results for "Attack"

Budget cuts advisers' power bills, admin burden

KARREN VERGARA  |  TUESDAY, 9 MAY 2023
... Cyber Wardens program, which will be delivered by the Council of Small Business Organisations Australia. "A cybercrime attack on a small business can cause significant financial and reputational damage, putting at risk the viability of the business and ...

We need to be ready: APRA

CASSANDRA BALDINI  |  WEDNESDAY, 29 MAR 2023
APRA is looking to further safeguard Australia's banking system following recent global events, warning economic ripple effects can still be felt across the pond. In an address on Tuesday, APRA chair John Lonsdale said no matter how resilient the ...

NGS Super suffers cyber-attack

JAMIE WILLIAMSON  |  MONDAY, 27 MAR 2023
Some NGS Super members have had their private data compromised in an attack on the fund's systems. The fund was the victim of a cyber-attack on Friday, March 17 during which some of its systems were accessed. The fund said they were only accessed ...

The sophistication of cyber threats is increasing: O'Neil

CHLOE WALKER  |  WEDNESDAY, 22 MAR 2023
Kicking off day two of the Conference of Major Superannuation Funds, minister for home affairs and cybersecurity Claire O'Neil shared some harrowing truths about the intensity of cyber threats on Australian super funds. "Two of my biggest responsibilities ...

Do your cyber-attack drills: Funds warned

CHLOE WALKER  |  WEDNESDAY, 22 MAR 2023
A panel of experts at the Conference of Major Superannuation Funds stressed the importance for super funds to be prepared and have a cybersecurity strategy in place. When asked if super funds should have "something in the bottom of the drawer of someone's ...

Future-proofing the super system: Rees

CHLOE WALKER  |  TUESDAY, 21 MAR 2023
... country... to get the architecture of the system to a point similar to Medicare where it's no longer vulnerable to attack, and that's the task in front of us in the near term." Recent research by George Washington University, Harvard and Australian ...

Senate inquiry to scrutinise proposed franking credit rules

ANDREW MCKEAN  |  THURSDAY, 9 MAR 2023
... of those impacted rely on fully franked dividends as an income stream," Wilson said. "When a political party attempts to attack franking credits it's a personal and inequitable attack on retail investors, companies, and the retirement security of ...

Chalmers' promise to end super wars foiled by criticism

ANDREW MCKEAN  |  THURSDAY, 2 MAR 2023
Last month, Treasurer Jim Chalmers pledged to end the super wars, but opposition to proposed super tax changes suggest a resolution is unlikely. Opposition leader Peter Dutton stated that he's "dead against" the government's proposed tax changes ...

Super fund board renewals need work: APRA

JAMIE WILLIAMSON  |  MONDAY, 28 NOV 2022
... skills. "Getting the right mix on the board isn't always as easy as it could be. This I want to make very clear isn't an attack on the equal representation model. We see high performing boards in this model. But existing constitutions and board renewal ...

Financial stability risks escalate: RBA

ANDREW MCKEAN  |  MONDAY, 10 OCT 2022
... vulnerable," the review said. Concurrently, cyber-attacks could give rise to systemic risks, as is demonstrable by the recent attack on Optus. "It's probable that a significant financial institution or market infrastructure will be subjected to a successful ...