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Who Can Shut Down a Broker During an AI Attack? ASIC Wants an Answer Now

2026-08-27

Australian financial regulators, including the Australian Securities and Investments Commission (ASIC) and the Australian Prudential Regulation Authority (APRA), have called on financial institutions and brokers to establish clear crisis authority and recovery priorities. Following extensive roundtables with over 600 industry professionals, regulators warned that advanced AI-driven cyberattacks will drastically reduce the time available for executive decision-making during a security breach.

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