Aug 21 (Reuters) - IOOF Holdings Ltd IFL.AX :
* ADVISES AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION COMMENCED PROCEEDINGS AGAINST RI ADVICE GROUP
* ASIC MAKES COMPLAINTS RELATING TO RI ADVICE'S MANAGEMENT OF CYBERSECURITY AND CYBER RESILIENCE RISK
* ALLEGATIONS BY ASIC APPEAR TO RELATE TO SMALL NUMBER OF CYBER- ATTACKS OF NATURE "NOT UNCOMMONLY FACED BY AUSTRALIAN BUSINESSES"
* RI ADVICE HAS INDICATED TO ASIC ITS WILLINGNESS TO WORK CO-OPERATIVELY IN RESPECT OF THESE MATTERS
* SOME OF ASIC'S COMPLAINTS RELATE BACK TO EVENTS FROM 2016
* ASIC ALLEGATIONS RELATE TO CYBER-ATTACKS ON SMALL NUMBER OF AUTHORISED REPRESENTATIVES OF RI ADVICE