IOOF unit loses bid to strike out ASIC’s cybersecurity case

ANZ 2021-10-07 1:26 pm By Cindy Cameronne | Sydney

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IOOF unit RI Advice has lost its bid to strike out ASIC’s novel case claiming it failed to protect its clients against cybersecurity risks, but a judge has chastised the regulator for causing “needless confusion” and “wasted time”.

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