Compliance for Financial Services

Navigate ASIC's Expectations. Secure Your Financial Future

In the high-stakes world of finance, robust cybersecurity is a fundamental legal obligation. ASIC is actively enforcing these requirements, and a failure to comply can lead to severe legal and reputational damage. We deliver tailored solutions to secure your data, ensure compliance, and protect your organisation.

Who We Support

Your Partner in Compliance-Driven Cybersecurity

We work with a diverse range of financial entities, including:

Investment platforms and wealth managers
Burgeoning fintech startups and established scale-ups
Secure payment providers
Australian Financial Services Licence (AFSL) holders
Critical superannuation funds

The Stakes: Landmark Cases & Legal Precedent

Recent enforcement actions by ASIC serve as a critical reminder of the legal consequences of neglecting cybersecurity. Inadequate controls are a direct breach of your legal duties.

ASIC v FIIG Securities [2025]

This ongoing case alleges systemic failures, including a lack of MFA and monitoring, led to a massive data theft, with ASIC contending FIIG failed to act "efficiently, honestly, and fairly.

ASIC v RI Advice [2022]

The Federal Court found RI Advice breached s912A for failing to implement adequate cyber controls, resulting in a court-ordered overhaul of their security.

Understanding Your  Obligations

Understanding Your Core Obligations Under Section 912A

Section 912A of the Corporations Act mandates that AFSL holders must have adequate resources and risk management systems. ASIC has unequivocally stated that this includes cybersecurity. Key obligations include:

Key obligations include:

Maintaining adequate resources (technical and human) (s912A(1)(d))

Operating a robust risk management system (s912A(1)(h))

Acting efficiently, honestly, and fairly (s912A(1)(a))

Enforcing MFA, EDR/SIEM monitoring, and regular staff training as a baseline

END-TO-END SOLUTIONS

Your End-to-End Solution for AFSL Compliance

Our tailored financial services offerings include:

ASIC & Corporations Act Cyber Health Checks
SOC 2 & CPS 234 Readiness for fintechs and APRA-regulated entities
Virtual CISO (vCISO) Services for strategic leadership
Governance, Risk & Compliance (GRC) Advisory for board-level reporting
Essential Eight and ISO 27001 Implementation
Penetration Testing & Red Teaming for trading platforms and APIs
Deep Expertise in Financial Regulation

We understand the nuances of the Corporations Act and ASIC's expectations. Our approach is not just about technology; it's about providing evidence-ready documentation and controls that withstand regulatory scrutiny and protect directors from personal liability.

Don't Wait for Enforcement Action

ASIC has made it clear that cyber risk is a top priority. If your risk management program cannot withstand the scrutiny of section 912A, the cost of inaction is too high.