Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 10 of 15 results for "Cyber risks"

APRA warns super trustees over AI adoption

VINNY VUCAGO  |  THURSDAY, 30 APR 2026
... the risks of such powerful technology, whether in our own hands or the hands of those with malign intent." APRA said cyber risks remain a key concern, particularly as more advanced models emerge. The regulator warned frontier systems including those ...

Largest managers' assets climb 9.4%: Research

ANGELIQUE MINAS  |  TUESDAY, 11 NOV 2025
... fundamental business approaches. Similarly, the report indicated that 64% of firms are concerned about AI-related cyber risks. Thinking Ahead director Jessica Gao commented: "This study paints a vivid picture of an industry in transition. We're seeing ...

ASIC exposes holes in managed funds' offshoring cyber controls

KARREN VERGARA  |  MONDAY, 13 OCT 2025
... of a fund's portfolio, custody, fund administration and transaction processing. ASIC found that 10 REs recognised cyber risks arising from the use of offshore providers and have arrangements in place to manage these risks. "However, the degree of sophistication ...

FEATURE: Problem detected

MATTHEW WAI  |  THURSDAY, 18 SEP 2025
... training sessions around ransomware, phishing and social engineering scams. "We also run an education platform focused on cyber risks that all staff must complete as well as regularly testing staff, over and above all we have in place ensuring our staff ...

ACNC tightens screws on NFPs with complex corporate structures

JAMIE WILLIAMSON  |  THURSDAY, 21 MAR 2024
... charities," Woodward said. "In our reviews we work with charities to better understand how they protect themselves from cyber risks and manage cyber security incidents." The ACNC plans to ask questions about what makes charities vulnerable to cybercrime ...

Wealth managers shirk cybersecurity priorities

KARREN VERGARA  |  MONDAY, 13 NOV 2023
... "An effective cyber security strategy, and governance and risk framework, should help identify, manage, and mitigate cyber risks to a level that is within the risk tolerance of senior leadership and boards."

Industry grapples with looming cyber threats

CHLOE WALKER  |  THURSDAY, 27 JUL 2023
... show ASIC's appetite to take enforcement action against companies that fail to meet reasonable standards in managing cyber risks," he notes. And APRA regulations are now designed to make sure that financial institutions know what data they have and test ...

The sophistication of cyber threats is increasing: O'Neil

CHLOE WALKER  |  WEDNESDAY, 22 MAR 2023
... things are tracking in the sector, the government is playing a huge catch-up job here," she said. "When we consider the cyber risks we face today, those are very significant, but if we look to 2030, we know that we are going to be living in a very different ...

ASIC outlines cybersecurity expectations

JAMIE WILLIAMSON  |  FRIDAY, 13 MAY 2022
... good cybersecurity risk management practices to reduce potential harm, ASIC said. "We expect active management of cyber risks and continuous cybersecurity improvement, including assessment of cyber incident preparedness and review of incident response ...

Cyber attacks scare directors: WTW

ELIZABETH MCARTHUR  |  FRIDAY, 22 APR 2022
... "With a volatile business environment resulting from the pandemic and geopolitical pressures it is no surprise that cyber risks are high on the list of directors' concerns," WTW global head of FINEX Jeremy Wall said. "Emerging risks such as climate change ...
PAGE:
1
PREVIOUS
NEXT