The Australian Securities and Investments Commission (ASIC) has sued FIIG Securities, a leading investment and financing company, over a lack of cybersecurity controls that enabled the theft of 18,000 customers’ confidential information in a 2023 data breach. Over a four-year period, FIIG had not adequately configured firewalls, failed to update software and systems, did not provide cybersecurity training and lacked the resources to manage cybersecurity, ASIC alleges.

‘I Am Going Through Hell’: Job Loss, Mental Health, and the Fate of Federal Workers
The mass layoff of federal workers during the Trump administration has led to a wave of mental health issues, with many feeling demoralized, overwhelmed, and