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ASIC pursues board directors over cyber breaches 

Tess Bennett

The corporate regulator has revealed it is investigating how directors have prepared for and responded to cyberattacks, with legal action looming against some unnamed individuals.

ASIC chairman Joe Longo has previously warned that the watchdog would bring charges against directors who fail to adequately prepare for hacks, and ASIC commissioner Simone Constant confirmed the process was under way, but declined to name the companies.

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Tess Bennett is a technology reporter with The Australian Financial Review, based in the Brisbane newsroom. She was previously the work & careers reporter. Connect with Tess on Twitter. Email Tess at tess.bennett@afr.com

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    Original URL: https://www.afr.com/technology/asic-pursues-board-directors-over-cyber-breaches-20240911-p5k9t0