💨 Abstract

The Australian Securities and Investments Commission (ASIC) has accused fixed-income broker FIIG of poor cybersecurity practices over a four-year period, leading to a data breach that stole 385 gigabytes of confidential data. The breach affected around 18,000 clients and was active from May 19, 2023, to June 8, 2023.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖