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Morningstar data breach reveals KPMG deal maker lists

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A software glitch has exposed the key companies garnering the interest of big four advisory group KPMG’s deal makers and restructuring experts.

The flaw in an alert system, run by US financial research firm Morningstar, for ASX-listed companies meant third parties could even view project names KPMG had assigned. That included “Project Africa Comps” for some ASX-listed Australian debt collectors.

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Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au
Edmund Tadros leads our coverage of the professional services sector. He is based in our Sydney newsroom. Connect with Edmund on Twitter. Email Edmund at edmundtadros@afr.com.au

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    Original URL: https://www.afr.com/companies/professional-services/morningstar-data-breach-reveals-kpmg-dealmaker-lists-20210629-p585c8