Australia Takes Legal Action Against FIIG Investment Firm in Cybersecurity ‘Wake-Up Call’
Australian Regulator Sues FIIG Securities for Inadequate Cybersecurity Measures Following 2023 Data Breach In a significant move highlighting the increasing accountability of financial institutions regarding cybersecurity, the Australian Securities and Investments Commission (ASIC) has initiated legal action against FIIG Securities Limited. The lawsuit claims that the Brisbane-based investment firm failed…