Asic.Au FIIG Securities Fined $2.5M for Cyber Security Breach Affecting Client Data
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FIIG Securities Limited has been ordered to pay $2.5 million in penalties by ASIC due to its failure to protect client data from cyber security threats over a period of more than four years. The breach, which occurred in 2023, resulted in the theft of approximately 385 gigabytes of sensitive information, including personal identification details of tens of thousands of clients, which were leaked onto the dark web.
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Updated 218d ago How this analysis works
Timeline
2023-06-01
FIIG alerted customers to the data breach
2023-2023
Cyber-attack resulted in theft of 385 GB of data
2026-02-09
ASIC announced $2.5 million penalty against FIIG
2026-02-10
FIIG ordered to pay penalties by Federal Court
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