
Fortnum Private Wealth hit with $1.35m penalty over cyber failures across client advice network
Financial advice licensee Fortnum Private Wealth has been hit with a $1.35 million penalty after it admitted failing to adequately manage cybersecurity risks across a network that at the time spanned more than 200 advisers and around 55,000 retail clients. The NSW Supreme Court also ordered Fortnum to pay $250,000 towards the costs of the Austr...














