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Showing 1 - 10 of 29 results for "MFA"

FEATURE: Problem detected

MATTHEW WAI | THURSDAY, 18 SEP 2025

... the lack of double verification requirements. The nation's largest super fund did not have multi-factor authentication (MFA) technology in place to verify transactions or changes being made on members' accounts were legitimate. Naturally, this ...

Geopolitics, AI tests prudential regulation: APRA

KARREN VERGARA | MONDAY, 15 SEP 2025

... smaller banks. "We are on record with the super system that there are some things to improve, like multi-factor authentication (MFA) and so on. And it's pleasing actually; there's some real leaning in happening there and real engagement. So ...

Super funds test cybersecurity resilience

KARREN VERGARA | WEDNESDAY, 3 SEP 2025

... don't," Phair said. APRA is also on super funds' case, pushing for basic protections such as multi-factor authentication (MFA). Off the back of the coordinated attacks, APRA forced trustees to carry out several actions to fix material IT security ...

APRA sets higher cybersecurity expectations for trustees

KARREN VERGARA | FRIDAY, 22 AUG 2025

... leaning into trustees' ability to manage cybersecurity risks, particularly in the areas of multi-factor authentication (MFA) and third-party arrangements. "APRA will prioritise targeted supervisory engagements to assess entities progress in uplifting ...

Super funds to take stock of information security controls

JAMIE WILLIAMSON | TUESDAY, 10 JUN 2025

... effectiveness of authentication controls and whether stronger controls are required. APRA said it expects multi-factor authentication (MFA) or equivalent controls for all high-risk activities, including changing member details, withdrawals, benefit payments/transfers/rollover ...

Cyberattacks on super funds expose 'critical vulnerability'

ANDREW MCKEAN | MONDAY, 7 APR 2025

... member details - "a clear blind spot" in the cybersecurity landscape. "This isn't a failure of multi-factor authentication (MFA) or firewalls, it's a failure to detect what's already leaked. Our team regularly monitors malware logs collected ...

UniSuper has 'some work to get on with' on cyber front: Chair

JAMIE WILLIAMSON | FRIDAY, 6 DEC 2024

... roll out several enhancements to strengthen its cybersecurity measures, beginning with stronger multi-factor authentication (MFA) processes. From 1 February 2025, UniSuper will roll out passkeys as a way for members to authenticate when accessing their ...

Count renews Iress contract

KARREN VERGARA | MONDAY, 6 MAY 2024

... into the UK and Other units. "In the Other division we've made significant progress on asset sales. We've sold the MFA (Managed Funds Administration) and Platform businesses, and we have a binding agreement to sell the UK Mortgages business which ...

Iress sells platforms business

KARREN VERGARA | MONDAY, 26 FEB 2024

... superannuation, non-superannuation, and custody and administration. Last October, Iress sold its managed funds administration (MFA) business to SS&C for $52 million. Iress took over OneVue, which provided administration platforms for managed funds, superannuation ...

Iress reports $137m loss in 'challenging year'

ANDREW MCKEAN | WEDNESDAY, 21 FEB 2024

... has made significant strides this year in capital repatriation through asset sales and debt retirement. Notably, the sale of MFA in October generated $50.5 million in gross proceeds and the sale of the Platform business is on course for completion by ...

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BT appoints new head of strategy

KARREN VERGARA

A former Allianz Retire+ executive has joined BT as the new head of strategy.

ASX sees trade volumes soar in May

MATTHEW WAI

ASX saw a substantial growth in trade volumes last month, despite continued lackluster movement in IPOs.

Otivo launches AI-powered financial advice

MATTHEW WAI

Otivo has launched a mobile app for Australians to access licensed advice powered by AI.

Munro expands access to climate focused fund

VINNY VUCAGO

The Munro Global Growth Climate Leaders PIE Fund has been opened to retail investors in New Zealand.

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