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IOOF financial advice unit RI Advice has escaped a penalty in a test case alleging cybersecurity failures, but the firm must engage an IT security company and pay the corporate regulator's legal costs.
A judge has lashed the “unsatisfactory” lack of cooperation between British automotive distributor Inchcape and Chubb in a $2.3 million dispute over coverage for a cyber attack which caused over $4 million in loss.
IOOF unit RI Advice has agreed to settle novel proceedings brought by the Australian Securities and Investments Commission claiming it failed to protect its clients against cybersecurity risks.
A judge has denied an “invasive” bid to search hospitality giant Merivale’s payroll systems ahead of an upcoming mediation in a $129 million underpayment class action covering 13,500 employees.
Tech companies will be held responsible for harmful disinformation and misinformation on their platforms under new laws that will be introduced in the second half of the year.
Facebook has filed an application with the High Court seeking to overturn a judgment that found it can be sued in Australia for alleged privacy violations over the Cambridge Analytica scandal.
Johnson Winter & Slattery has bolstered its growing cyber practice with the appointment of a leading data privacy lawyer from Corrs Chambers Westgarth.
The Full Federal Court has held Facebook can be sued in Australia for allegedly disclosing the personal data of over 300,000 users to political research firm Cambridge Analytica.
Australian mining magnate Andrew ‘Twiggy’ Forrest has filed private criminal proceedings against Facebook over cryptocurrency investment scams that used his name and image.
Hall & Wilcox has lured a cyber whiz to bolster the firm's cyber insurance and advisory practice, amid an expected jump in cyber-related claims this year.