The Federal Court of Australia in Australian Securities and Investments Commission v FIIG Securities Limited [2026] FCA 92 has ordered FIIG Securities Limited (FIIG) to pay a penalty of AUD 2.5 million plus AUD 500,000 in costs in response to proceedings brought by the Australian Securities and Investment Commission (ASIC) in March 2025 for cyber security failures in breach of FIIG’s general Australian Financial Services Licence (AFSL) obligations between March 2019 and June 2023.