ASIC releases third publication on insights from the Breach Reporting regime

This publication provides high-level insights into the trends we observed in the reports lodged by licensees between 1 July 2023 and 30 June 2024 (the reporting period). It is the third publication of the information we’ve received under the regime. During the period, licensees submitted 12,298 reports. Of these, 79% had a financial and/or nonfinancial impact on customers.

Employees should be reminded of obligations to report incidents to the compliance department.