ASIC v RI Advice ruling sets new precedent for cybersecurity accountability

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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 obligation to have adequate cybersecurity systems in place.RI Advice experienced nine cyber-related incidents between 2014 and 2020 including the likes ...

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