ASIC needs access to retained data to battle cyber crime, Greg Medcraft says

By Clancy Yeates
Updated November 27 2014 - 1:18am, first published November 26 2014 - 5:06pm
"Fact of life": ASIC chief Greg Medcraft on the threat of cyber crime. Photo: Alex Ellinghausen
"Fact of life": ASIC chief Greg Medcraft on the threat of cyber crime. Photo: Alex Ellinghausen
"Fact of life": ASIC chief Greg Medcraft on the threat of cyber crime. Photo: Alex Ellinghausen
"Fact of life": ASIC chief Greg Medcraft on the threat of cyber crime. Photo: Alex Ellinghausen
"Fact of life": ASIC chief Greg Medcraft on the threat of cyber crime. Photo: Alex Ellinghausen
"Fact of life": ASIC chief Greg Medcraft on the threat of cyber crime. Photo: Alex Ellinghausen
"Fact of life": ASIC chief Greg Medcraft on the threat of cyber crime. Photo: Alex Ellinghausen
"Fact of life": ASIC chief Greg Medcraft on the threat of cyber crime. Photo: Alex Ellinghausen

The corporate cop is detecting more incidents of cyber crime in the financial markets as investors' accounts are hacked, and is urging the public and companies to be alert to the risk.

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