IFL insignia financial ltd

News: IFL Australian court orders former ANZ unit to pay regulator for cybersecurity incidents

  1. 193,698 Posts.
    lightbulb Created with Sketch. 2825

    May 5 (Reuters) - An Australian court ruled that a former Australia and New Zealand Banking Group (ANZ) unit did not have adequate risk-management systems to manage cybersecurity risks, and ordered it to pay the country's securities regulator A$750,000 ($543,075).

    The Australian Securities and Investments Commission (ASIC) said that the court ordered RI Advice Group to pay the sum to cover the regulator's costs, after the parties agreed to resolve the proceedings.

    The ruling was based on cybersecurity incidents at representatives of RI Advice between mid-2014 and mid-2020. ANZ owned the firm till October 2018 before selling it to Insignia Financial (IFL) .

    ($1 = 1.3810 Australian dollars)

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$4.50
Change
0.000(0.00%)
Mkt cap ! $3.018B
Open High Low Value Volume
$4.51 $4.51 $4.50 $7.436M 1.651M

Buyers (Bids)

No. Vol. Price($)
4 2390 $4.50
 

Sellers (Offers)

Price($) Vol. No.
$4.51 234359 16
View Market Depth
Last trade - 16.10pm 08/08/2025 (20 minute delay) ?
IFL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.