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BONUS EP: The Super Hack Explained

Prime Time with Bec Wilson

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Super Funds Under Siege: Cybersecurity Challenges

This chapter explores the recent cyber hack impacting superannuation funds, particularly focusing on its effects on retirees. It emphasizes the urgent need for improved security measures and robust communication from fund managers following data breaches. The discussion highlights the disparities in protection standards between superannuation and banking sectors, advocating for multi-factor authentication and better consumer education to combat fraud.

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