Tampering with, unauthorized transfer of, or system failure affecting security token records
First written in FY2027-H1. 1 of 2 entries say "Restated". Latest entry: FY2026.
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- FY2026RestatedAnnual report
「If unauthorized access to nodes on the Securitize PF through a cyberattack or other means results in the unauthorized use of the administrator key required to transfer these beneficial interests, and an unauthorized transaction causes an incorrect entry in the beneficial interest registry, or the entry is tampered with or erased, or if the records in the beneficial interest registry are changed or erased due to unexpected operation of the Securitize PF computer system, an unintended transfer of economic value may occur and a discrepancy may arise between the rights under substantive law and the records in the beneficial interest registry.」
The risks of unauthorized use of administrator keys, tampering with or erasure of the beneficial interest registry, and delays in or inability to effect transfers, distributions or redemptions due to communications or system failures continue to be disclosed. - FY2027-H1First statedAnnual report
「If unauthorized access to nodes on the Securitize PF through a cyberattack or other means results in the unauthorized use of the administrator key required to transfer these beneficial interests, and an unauthorized transaction causes an incorrect entry in the beneficial interest registry, or the entry is tampered with or erased, or if the records in the beneficial interest registry are changed or erased due to unexpected operation of the Securitize PF computer system, an unintended transfer of economic value may occur and a discrepancy may arise between the rights under substantive law and the records in the beneficial interest registry.」
The disclosure newly identified as product-specific risks the unauthorized use of administrator keys on the DLT, erroneous entries in, tampering with or erasure of the beneficial interest registry, and delays in or inability to effect transfers, distributions or redemptions due to communications or system failures.