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SMSF data vulnerable to overseas hackers, software company warns

SMSF practices are being targeted by overseas crime gangs who view SMSFs as a “honey pot for information”, warns a financial services software firm.

SMSF data vulnerable to overseas hackers, software company warns
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Julian Plummer, managing director of Kamino Cyber Security and Midwinter Financial Services, said that SMSF advice firms and the SMSF industry as a whole are being targeted by overseas crime gangs because they know that they’re “a honey pot for information because they carry financial information, medical information and insurance information on clients”.

Read the full article on SMSF Adviser.

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