Australia: Securities and Investments Commission investigation into FIIG Securities over alleged failure to meet cybersecurity requirements

Progress

Current status
under deliberation
12 Mar 2025 under deliberation

Scope

Implementers
Australia
Policy Area
Data governance
Policy Instrument
Cybersecurity regulation
Regulated Economic Activity
other service provider
Government Branch
judiciary
Government Body
court
Implementation Level
national

Timeline of events

12 Mar 2025
under deliberation

Securities and Investments Commission filed lawsuit against FIIG Securities over failure to meet cybersecurity requirements (Securities and Investments Commission v FIIG Securities Limited) (No. QUD144/2025)

On 12 March 2025, the Australian Securities and Investments Commission (ASIC) filed a lawsuit against FIIG Securities Limited at the Federal Court of Australia. The lawsuit alleged that FIIG Securities Limited failed to maintain adequate cybersecuri…

Source
Event type public lawsuit
Action type announcement
Government branch judiciary
Government body court