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Insignia Financial Addresses Cyber Security Incident on Expand Platform

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Insignia Financial Addresses Cyber Security Incident on Expand Platform

Insignia Financial Ltd ( (AU:IFL) ) has shared an update.

Insignia Financial Ltd has identified a cyber security incident involving credential stuffing attacks targeting its Expand Platform. Although approximately 100 customer accounts were affected, there has been no financial impact reported. The company is implementing additional security measures and advising customers on best practices to enhance account security. Insignia Financial is committed to keeping the market informed as investigations continue.

More about Insignia Financial Ltd

Insignia Financial Ltd is a prominent Australian wealth manager with a history dating back to 1846. The company offers financial advice, superannuation, wrap platforms, and asset management services to members, financial advisers, and corporate employers.

YTD Price Performance: 21.33%

Technical Sentiment Signal: Sell

Current Market Cap: $1.73B

For a thorough assessment of IFL stock, go to TipRanks’ Stock Analysis page.

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