Cyber tips: how to deal with a data breach
The cyber attack on Latitude Financial has highlighted just how vulnerable and attractive financial services organisations are to those who are looking for targets.
The FSC's Workplace Savings Committee facilitated a webinar including a case study and discussion with experts in the legal field as they share tips on how to prevent, prepare and respond to a cyber crisis.
Watch the replay
Speakers
Nick Valentine
Partner - Technology and Data, DLA Piper
Nick Valentine is the head of the Data Protection, Privacy and Security practice in New Zealand. He is recognised as one of New Zealand's leading data protection and cybersecurity lawyers. Nick also has extensive experience in technology and telecommunications transactions, which often intersect with data privacy issues.
Nick’s clients include some of New Zealand’s largest corporations and household-name multinationals. He is regularly instructed to advise boards, C-suite executives and senior legal counsel on data protection and cybersecurity issues, and is often interviewed by the media on developments in the privacy and cybersecurity space in New Zealand.
Russell Garrett
Executive Officer, The Presbyterian Church Property Trustees
Russell has 30 years financial markets, investment, and governance experience drawn from his time within banking, corporate trustee services, and investment management and consulting. He is currently Executive Officer for The Presbyterian Church Property Trustees, which, among other things, oversees the Presbyterian Beneficiary Fund (the superannuation fund for ministers) and the Presbyterian Investment Fund (the amalgamated fund for over 330 congregations).
He is also a member of the Victoria University Foundation Finance, Risk, and Investment Committee, and the Harbour Asset Management Impact Committee. He is a proud (but not particularly skilful) member of the Fabulous Turtles football team and serves at his local church.
Philippa Kalasih
Client Relationship Manager - Principal, Mercer
Philippa Kalasih is a Principal at Mercer (N.Z.) Limited, leading the Wellington Workplace Savings Team, and has been a member of the FSC Workplace Savings Committee since inception.
With over 29 years experience in the superannuation industry, Philippa is responsible for the provision of client relationship management, consulting and secretarial services to restricted workplace savings scheme Trustee Boards and is passionate about supporting members and Trustees to ensure that regulatory, governance and compliance requirements are met.
David Ireland (facilitator)
Partner, Dentons Kensington Swan
David is a partner in Dentons Kensington Swan's banking and financial markets team, which is top ranked for its financial services specialty by Chambers Asia Pacific legal directory, with David also top ranked. He chaired the Code Committee appointed by the FMA under the Financial Advisers Act until its repeal in March 2021, and is a former chair of Workplace Savings NZ.
David is an expert in the regulation of financial services. He helps the providers of financial products and services understand and manage their obligations in an increasingly complex regulatory environment. He also helps them identify and benefit from the opportunities presented by regulatory reforms.
David has been at the forefront of the extensive regulatory reforms impacting on the provision of financial advice services. His reputation in this area of law was formally recognised in 2009 through his appointment to the Financial Advisers Code Committee, a professional conduct rule making body David chaired from 2012 to 2021. David’s expertise includes advising on agency relationships and financial advice provider disclosure and conduct obligations, and assisting clients develop effective business models for delivering financial advice.
David advises both large and boutique providers of investment funds, as well as insurers, trustees of workplace schemes, providers of discretionary investment management services (DIMS) and investment platforms. He assists reporting entities with their AML and CRS obligations, and has been heavily involved in recent years in assisting a number of banks and insurers and financial advice providers with conduct and culture initiatives and licensing readiness. He has extensive experience in advising on cross-border offers of financial products and services, assisting a wide range of offshore providers manage their New Zealand financial services regulatory footprint.