Australia: Federal Court issued ruling in Australian Securities and Investments Commission lawsuit against FIIG Securities Limited over failure to meet cybersecurity requirements
Description
Federal Court issued ruling in Australian Securities and Investments Commission lawsuit against FIIG Securities Limited over failure to meet cybersecurity requirements
On 13 February 2026, the Federal Court of Australia ordered FIIG Securities Limited (FIIG) to pay a pecuniary penalty of AUD 2'500'000 for contravening its Australian Financial Services licence obligations under section 912A of the Corporations Act …
Scope
Policy Area
Data governance
Policy Instrument
Cybersecurity regulation
Regulated Economic Activity
other service provider
Implementation Level
national
Government Branch
judiciary
Government Body
court