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ASIC v RI Advice ruling sets new precedent for cybersecurity accountability

In an industry first, the Federal Court of Australia has determined that Australian financial services licensee RI Advice has breached its legal obligat. ....

Ahmed Khanji , Federal Court , Authorised Representatives , Ajay Unni , Ri Advice ,

Federal Court puts cyber security onus on financial services firms

RI Advice to pay $750,000 and secure its systems. ....

Court Justice Helen Rofe , Sarah Court , Investments Commission , Australian Cyber Security Centre , Federal Court , Australian Securities , Federal Court Justice Helen Rofe , Cyber Security , Financial Services , Ri Advice ,

Court orders investment firm to engage MSSP Security In Depth

The Federal Court has ordered RI Advice to engage Security In Depth or another MSSP and pay $750,000 following multiple failures to prevent cyber incide. ....

Helen Rofe , Sarah Court , Investments Commission , Frontier Financial Group , Financial Services Royal Commission , Federal Court , Security In Depth , Financial Services Royal , Australian Securities , Insignia Financial , Authorised Representatives Practice , Australia And New Zealand Bank , Australian Securities And Investment Commision , Financial Security , Ri Advice ,