Australian Securities and Investments Commission v RI Advice Group Pty Ltd [2022] FCA 496
*ASIC v RI Advice Group Pty Ltd* [2022] FCA 496 confirms that inadequate cybersecurity and cyber-resilience controls can breach an AFS licensee’s obligations under ss 912A(1)(a) and 912A(1)(h). The case highlights licensee responsibility for cyber risk across authorised representative networks.
