PwC Australia announces further actions

PwC Australia acknowledges the breach of trust and extends an apology to stakeholders PwC Australia has announced additional measures to strengthen the firm’s governance, accountability, and culture. The actions are being taken in response to ongoing investigations and aim to increase transparency and restore stakeholder confidence. The key areas of…

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Top predictions for security and trust

Digital trust is becoming an underlying theme of all digital engagements IDC predicts that by 2025, 45 per cent of CEOs, fatigued by security spending without predictable ROI, will demand security metrics and results measurement to assess and validate investments made in their Security programs. The move towards the digital-first…

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Securing 5G open RAN architecture

Security considerations always emerge in new open system The Cybersecurity and Infrastructure Security Agency (CISA) and National Security Agency (NSA), through the Enduring Security Framework (ESF), have published a paper titled, Open Radio Access Network Security Considerations which assesses the benefits and security considerations with implementing Open RAN architecture. The ESF’s Open…

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Security spending to exceed $USUS31 billion in 2022

Industries are enhancing security feature investments Spending on security solutions and services in Asia/Pacific* is forecasted to exceed $US31 billion in 2022, an increase of 15.5 per cent from 2021, according to IDC’s latest Worldwide Security Spending Guide. Despite headwinds such as looming global recession, geopolitical conflicts, and rising inflation, investments…

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Security is a top IT challenge

Many organizations are planning for hybrid work to continue to stay. Security has become a major priority for IT leaders. Employees’ access to insecure devices, networks, and data resources poses significant challenges to organizations implementing a hybrid work model. “Leaders should not think hybrid work means a sacrifice for security.…

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State Library of Victoria ditches Oracle

The Library has shifted the support and maintenance contract to Rimini Street. The State Library of Victoria (“Library”), Australia’s oldest library, has entrusted the support and maintenance of its Oracle E-Business software to Rimini Street. Rimini Street is also providing the Library with its Advanced Database Security (ADS) and Advanced…

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Security feature reduces fraud for digital cards by 80%

Westpac’s digital security measures for customers. New data released today by Westpac shows customers using a unique digital card feature in its mobile banking app have experienced a significant reduction in card fraud when shopping online. The dynamic Card Verification Code (CVC) feature was introduced in the Westpac app in…

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Top eight cybersecurity predictions for 2022-23

The term zero trust is now prevalent in security vendor marketing. Executive performance evaluations will be increasingly linked to ability to manage cyber risk; almost one-third of nations will regulate ransomware response within the next three years; and security platform consolidation will help organizations thrive in hostile environments, according to…

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Three ways security leaders can prepare

Analysts explore the future of cybersecurity. As cybersecurity strategy, leadership and technologies continue to evolve, Gartner, Inc. highlighted three steps security leaders can take now to prepare for the emerging threat landscape over the next 10 years. “The rise of artificial intelligence (AI) is a double-edged sword for CISOs,” said Katell Thielemann, VP…

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MAS strengthens financial institutions business continuity

The revisions consider learnings from the handling of the COVID-19 pandemic. The Monetary Authority of Singapore (MAS) today issued revised guidelines on Business Continuity Management (BCM) for financial institutions (FIs), to help FIs strengthen their resilience against service disruptions arising from IT outages, pandemic outbreaks, cyber-attacks, and physical threats. The revisions…

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