It doesn't bode well, given cybersecurity risks are increasing. For organisations like super funds, this can have an opposing effect as they are the most prominent players in managing their members' retirement funds. Naturally, this led to calls for super funds to implement industry-wide improvements in cybersecurity. For example, according to ASFA's data nearly half (44%) of super funds outsourced member administration as of 30 June 2020. "It's not just the super industry; it's the banking industry, as well, and the interconnectivity of those two.