by admin | Jan 10, 2020 | News & Analysis
The Reserve Bank of Australia will not allow tech giant Facebook to launch its cryptocurrency Libra in Australia until all risks and regulatory requirements have been mitigated. RBA stated that ‘stable coins’ raise significant legal and regulatory risks to...
by admin | Jan 10, 2020 | News & Analysis
Andrew Eric Young was found guilty in the District Court of Queensland on 19 charges arising from the collapse of the national white goods distributor ‘Kleenmaid’. They included fraud, criminal insolvent trading of debts and the illegal transfer of funds to personal...
by admin | Jan 10, 2020 | News & Analysis
Attackers use social engineering through human interaction to exploit trust and manipulate has been called “Remote Online Social Engineering” or ROSE. The effects of ROSE can be anything from crippling malware infections to major financial fraud affecting businesses...
by admin | Jan 9, 2020 | News & Analysis
The corporate regulator will audit stockbrokers who are being paid commissions by fund managers and investigate the misselling of poorly performing listed investment funds to retail investors....
by admin | Jan 9, 2020 | News & Analysis
A study revealed that retail crime costs more than $3.3 billion in 2018 in Aus & NZ. The same study identified that customer theft accounts for just over half – 57 percent, with employees and people within the supply chain accounting for another 35 percent....
by admin | Jan 7, 2020 | News & Analysis
An internal whistleblower hotline for staff at Ipswich City Council has received 118 complaints accusing former mayors, former councillors and current and former staff members of a wide range of misconduct and corruption offences....
