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NZ: ASB Securities hit with $80,000 fine for 14-year privacy breach

Posted on May 27, 2020 by Dissent

The New Zealand Herald reports:

ASB Securities has been fined $80,000 for a privacy breach which left hundreds of online accounts able to be viewed and traded by users without permission.

The New Zealand Markets Disciplinary Tribunal censured the online share trading platform after 576 of its trading accounts were made vulnerable to unauthorised use over a 14-year period.

Read more on New Zealand Herald.

Category: Business SectorCommentaries and AnalysesExposureNon-U.S.Of Note

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