Lookout Threat Lab discovers predatory loan apps

Mobile apps have made managing lives a lot easier Lookout, Inc., the endpoint to cloud security company, today announced the discovery of nearly 300 loan apps that exhibit predatory behaviour such as exfiltrating excessive user data from mobile devices and harassing borrowers for repayment. These apps, which were found in…

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Bitdefender threat debrief

In total, 189 ransomware families were identified Bitdefender has released its November Threat Debrief, a monthly series analysing threat news, trends, and research from the previous month. It includes a Ransomware Report highlighting the top ransomware families detected, as well as the top countries affected including Australia, and the top trojans…

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ICT revenue in China to grow at 8.5 per cent

The country’s economy is largely concentrated around manufacturing The enterprise ICT revenue opportunity in China is expected to increase at a compound annual growth rate (CAGR) of 8.5 per cent between 2021 and 2026. The ongoing government initiatives prioritizing industrial digitalization and acceleration of digital transformation activities across large enterprises…

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Three new strategies for chief compliance officers

CCOs report that there is an increase in harassment, bullying, and discrimination As Chief Compliance Officers (CCOs) continue to face challenges in restoring employee misconduct reporting to pre-pandemic levels, there are three strategies they should implement to increase confidence in their processes among employees, according to Gartner, Inc. “There are…

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First hype cycle for emerging technologies

Iterative cycles of improvement will cover a broader range of processes and responsibility The finance function is changing quickly – with the support of new technologies, particularly artificial intelligence (AI) and machine learning – into an environment where people and machines collaborate to transform finance and business capabilities, drive process efficiency, and…

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Cybersecurity predictions for Australia in 2023

Identity management will become the weakest link to address in 2023 Digilantism may be on this rise in 2023, securing digital assets and cryptocurrency will be a key focus, and the cost of compliance may reach breaking point for many organisations. Additionally, Australia may consider a “Cyber Militia”, to bolster our cyber…

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Employers aren’t offering the upskilling staff require

Learning is in the best interests of both parties. New research suggests employers are failing to provide the upskilling their staff require to perform their jobs effectively – thereby missing an opportunity to reduce the skills gap. That’s according to the Learning Mindset Report, produced by recruitment and workforce solutions specialists Hays…

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Lack of IT skills greatest data security challenge

Australian businesses starting to accept that a breach is inevitable Rubrik, the Zero Trust Data Security™ Company, today announced the Australian findings from its inaugural State of Data Security report, commissioned by Rubrik and conducted by Wakefield Research. Among the key findings regarding the most pressing challenge Australian cyber security…

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OAIC data breach report

Organisations should also ensure they have a robust data breach response plan The significant impact of recent data breaches on millions of Australians and the findings of the latest Notifiable data breaches report released today stress the need for organisations to have robust information handling practices and an up-to-date data breach response…

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Singapore’s data centre industry to be digitally transformed

Singapore’s data centre industry moving towards decarbonisation Red Dot Analytics (‘RDA’) Pte Ltd and leading Singapore-headquartered environmental, social, and governance (‘ESG’) FinTech firm Hashstacs Pte Ltd (‘STACS’) have entered a strategic partnership to provide a holistic platform to transform Singapore’s data centre industry and shape a sustainable digital future. The partnership will be…

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