Every situation is unique, and every matter reported to eSafety will be considered on a case-by-case basis. Australia’s eSafety Commissioner has welcomed the commencement of the Online Safety Act, which provides additional protections for Australians in the fight against online harms. “The Online Safety Act has now come into force…
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Imposes additional capital requirement on DBS Bank for disruption of digital banking services. The Monetary Authority of Singapore (MAS) has imposed on DBS Bank Ltd (DBS Bank) an additional capital requirement following the widespread unavailability of DBS Bank’s digital banking services during 23-25 November 2021. MAS has required DBS Bank…
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A hearing for the appeal before the Full Federal Court will be fixed later. The ACCC has filed an appeal against the $1 million penalty ordered by the Federal Court against Employsure for making misleading representations that it was, or was affiliated with, a government agency, in Google ads published between August…
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Continuous growth in the number of companies participating in the scheme. The Office of the Government Chief Information Officer awarded 117 standing contractor agreements to 70 companies to provide IT professional services to the government under the Standing Contractor Agreement Scheme for Quality Information Technology Professional Services. The standing hosting agreement…
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Legal Leaders Must Begin Looking Beyond Pandemic-Related Risks. Gartner, Inc. has identified four emerging risk trends that legal, and compliance should anticipate over the next two years. These trends will determine the significance of legal, compliance and privacy risks to organizational objectives and the demand for new legal and compliance…
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The semiconductor market continues to experience uneven shortages and tight supply. With COVID-19 continuing to impact the global economy in its second year, the semiconductor market continues to experience uneven shortages and tight supply. The general theme for semiconductors in 2021 was shortages in mature process technology nodes. International Data…
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Unequal Awareness, Access and Support Hinder Employee Agility Within Their Organization. As the Great Resignation continues to affect organizations’ ability to hire, employers must address three inequities that may harm their ability to retain current top talent, according to Gartner, Inc. According to a Gartner survey of 3,000 candidates conducted in June 2021, only…
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More and more businesses in the country adopting cloud-based services and accelerating their digital transformation efforts. The total addressable market size for data centres and hosting services in Malaysia, in terms of enterprise spending opportunity, is forecast to increase at a CAGR of 5 per cent over 2020-2025, with more…
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While cybersecurity was identified as the top investment area across all regions, it was not uniform. Powered by the platform economy that emerged over the past five years, industry business models are transforming from linear-based value chains to integrated ecosystems by leveraging shared data and insights, applications, and operations and…
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His latest BRII round assesses the potential of regtech to solve challenges across government agencies and departments. ASIC will be working with five regulatory technology (regtech) entities – Bedrock AI Aus Pty Ltd, DigitalX Limited, Eastern Analytica Pty Ltd, Listcorp Pty Ltd and Pyxta Pty Ltd for the Business Research and…
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