The Settlement: A Blueprint for Liability

The ContextOn 8 January 2026, a Paris court approved a €267.5 million settlement with HSBC France. The bank paid to resolve a criminal and civil investigation into its alleged role in ‘CumCum’ dividend tax fraud schemes from 2014 to 2019. The settlement...

Trust: The First Casualty

The Context A cybercriminal group called “Kazu” accessed the ‘My Health Documents’ module of the ManageMyHealth platform in late December 2025. They stole over 400,000 sensitive health documents—referrals, test results, discharge summaries—and...

The Settlement: A Blueprint for Liability

The Settlement: A Blueprint for LiabilityA €268 million fine for a French bank is a direct warning to every director in New Zealand. The law does not respect borders.The ContextOn 8 January 2026, the Paris court approved a settlement of €267.5-268 million (approx....

Trust: The First Casualty

Trust: The First CasualtyA public health data breach exposes more than a software flaw.The ContextBetween 108,000 and 126,000 New Zealanders had their private health documents exposed. The breach in the ManageMyHealth app’s ‘Health Documents’ module...

The Fraud Margin

The Fraud MarginA Forensic Accountant’s briefing on the $333.5 million liability vector.The ContextBetween January and November 2025, the FBI recorded $333.5 million in losses from Bitcoin ATM fraud. This figure, derived from over 12,000 complaints, represents a...

Trust: The First Casualty

The ContextOn 1 January 2026, ManageMyHealth confirmed a catastrophic cyber breach. Unauthorised access compromised approximately 428,000 patient files—108 gigabytes of sensitive health data. That’s 7% of their 1.8 million registered users. The root cause was an...