Download speeds have improved for many consumers over the last two years Download speeds in May 2022 than they did in February 2022, the ACCC’s latest quarterly Measuring Broadband Australia (MBA) report shows. Fixed-line connections are those that have a physical line running to the property, such as fibre to…
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2021 top malware strains
The most prolific malware users are cyber criminals This advisory provides details on the top malware strains observed in 2021. Malware, short for “malicious software,” can compromise a system by performing an unauthorized function or process. Malicious cyber actors often use malware to covertly compromise and then gain access to…
Read MoreGovernment outlines expectations for NBN Co
Does not want the Australian Competition and Consumer Commission to regulate prices Minister for Communications Michelle Rowland has written to NBN Co outlining the Government’s expectations in relation to the Special Access Undertaking (SAU) variation process currently underway. She also written to the Australian Competition and Consumer Commission (ACCC) outlining…
Read MoreACSC guidance released to help Australians avoid risks
Australians are increasingly turning to social media and messaging applications ACSC has released updated guidance to help all Australians better understand how social media and messaging apps can pose a risk to the security and privacy of individuals and organisations. Australians are increasingly turning to social media and messaging applications…
Read MoreBank of Queensland pays penalty
The penalty is due to an alleged breach of Consumer Data Right Rules Bank of Queensland Ltd has paid a penalty of $US133,200 after the ACCC issued it with an infringement notice for allegedly breaching the Consumer Data Right (CDR) Rules by failing to provide a service enabling consumers’ data…
Read MorePayment redirection scams cost Australian businesses
Scams cost Australian businesses $US227 million last year Australian businesses lost $227 million to payment redirection scams in 2021, a 77 per cent increase compared to 2020, the ACCC’s latest Targeting Scams report reveals. The report compiles data from Scamwatch, ReportCyber, major banks and money remitters, and other government agencies. It shows…
Read MoreState Library of Victoria ditches Oracle
The Library has shifted the support and maintenance contract to Rimini Street. The Australian Competition and Consumer Commission (ACCC) has received an application for merger authorisation from Telstra Corporation Limited (Telstra) and TPG Telecom Limited (TPG). Telstra and TPG (the Applicants) have entered into three interrelated agreements in respect of a…
Read MoreMastercard in court for alleged misuse of market power over card payments
Alleged anti-competitive conduct commenced in late 2017. The ACCC has instituted proceedings in the Federal Court against Mastercard Asia/Pacific Pte Ltd and Mastercard Asia/Pacific (Australia) Pty Ltd (together, Mastercard), for allegedly engaging in conduct with the purpose of substantially lessening competition in the supply of debit card acceptance services. Mastercard’s…
Read MorePublic cloud end-user spending to reach nearly $US500 billion
IaaS, DaaS and PaaS to witness highest spending growth this year. Worldwide end-user spending on public cloud services is forecast to grow 20.4 per cent in 2022 to total $US494.7 billion, up from $US410.9 billion in 2021, according to the latest forecast from Gartner, Inc. In 2023, end-user spending is…
Read MoreACCC gives NBN time to address sensitive commercial information
It sets the terms and conditions for internet providers to access the NBN until 2040. The ACCC’s formal consultation on NBN Co’s proposed variation to its Special Access Undertaking has been delayed providing NBN Co time to address practical issues with the release of information it claims is commercially sensitive.…
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