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Morningstar data breach reveals KPMG deal maker lists

Posted on June 30, 2021 by Dissent

Liam Walsh and Edmund Tadros report:

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.

Read more on Financial Review.

Category: Business SectorExposureNon-U.S.

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