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Showing 61 - 70 of 474 results for "Cyber"

Geopolitics, AI tests prudential regulation: APRA

KARREN VERGARA  |  MONDAY, 15 SEP 2025
... to also be thinking about. "It plays into things you're already thinking about, like operational risk management and cyber, and this idea that cyber is a weapon of choice," she recently told a FINSIA event. "There are some other flavours that come ...

FEATURE: Hyped up

KARREN VERGARA  |  FRIDAY, 5 SEP 2025
... "The greatest benefit either comes from a small but significant, say 2-5% uplift, across an entire background process, like cyber systems etc.," he says. This includes AI potentially "radically changing" specific processes like claims adjusting or responding ...

Super funds test cybersecurity resilience

KARREN VERGARA  |  WEDNESDAY, 3 SEP 2025
... Superannuation Funds of Australia (ASFA) chief executive Mary Delahunty said: "The initiative is designed to strengthen collective cyber resilience, test coordination capabilities and reinforce preparedness for increasingly complex and sophisticated ...

Binance under microscope over loose controls

MATTHEW WAI  |  MONDAY, 25 AUG 2025
The Australian Transaction Reports and Analysis Centre (AUSTRAC) directed Binance Australia to appoint an external auditor after "serious concerns" were identified from its independent review. The concerns are in relation to the crypto exchange's ...

APRA sets higher cybersecurity expectations for trustees

KARREN VERGARA  |  FRIDAY, 22 AUG 2025
Trustees' cyber-resilience is riding high on APRA's enforcement agenda over the next four years, but in the short term the regulator warned it will escalate action where necessary if they cannot prove to have basic measures in place. The prudential ...

PE firm sells CyberCX to Accenture

KARREN VERGARA  |  FRIDAY, 15 AUG 2025
Accenture will acquire trans-Tasman cyber security firm CyberCX from private equity firm BGH Capital. Founded in Melbourne in 2019, CyberCX has about 1400 employees and provides consulting, transformation and managed security services, as well as offensive ...

Magellan rebrands investment business

JAMIE WILLIAMSON  |  THURSDAY, 14 AUG 2025
... honour that history while better positioning ourselves for the future." Magellan is currently investigating a potential cyber breach, after it was listed as the victim of a ransomware attack on a darknet site. The hackers claimed to have stolen 85 gigabytes ...

Super funds risk 'falling behind': MUFG Retirement Solutions

ELIZA BAVIN  |  THURSDAY, 7 AUG 2025
... commissioned by MUFG Pension & Market Services reveals that 77% of Australians are moderately to highly concerned about cyber incidents impacting their superannuation, with more than half saying they would consider switching funds if digital security ...

ASIC sues Fortnum Private Wealth

KARREN VERGARA  |  TUESDAY, 22 JUL 2025
... Court, ASIC alleges Fortnum exposed its authorised representatives (ARs) and clients to an "unacceptable level of risk of a cyber-attack or a cybersecurity incident". Fortnum introduced a specific cybersecurity policy from April 2021. ASIC said that ...

APRA expects 'no cutting corners' with CPS230

KARREN VERGARA  |  TUESDAY, 1 JUL 2025
... member. But that's coming at the tradeoff of the quality of service and things like the proper level of investment in cyber security and protection against crime and so on. So, it is a balance." McCarthy Hockey said that "recent events have helped ...