Financial Newswire’s financial technology columnist, Andy Forbes analyses what occurred with respect to the cyber-attacks on multiple funds.
Amid scrutiny of industry funds over death benefits claims handing, the SMC has urged last resort arrangements for unpaid SG.
The SMSF Association has reacted to cyber attacks on APRA regulated funds by reminding SMSFs that they are not immune.
The major superannuation funds successfully attacked by cyber-hackers can expect close scrutiny by the regulators if history is any guide.