Latitude cyberattack sharpens focus for non-banks

Executives can't be sure they're 100% protected. (Image: Getty)

Wed, 13 Dec 2023

The cyberattack that stole personal information from millions of trans-Tasman lender Latitude Financial Services customers sharpened the focus of non-bank financiers to up their game in cybersecurity. Three-quarters of chief executives and chief financial officers surveyed in KPMG’s financial institutions performance survey identified information technology, including cybersecurity, as the biggest risk to their organisation. While KPMG’s latest survey of non-banks noted that isn’t a new concern, it said the March att...

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