by admin | Feb 7, 2019 | News & Analysis
Huawei $206 million Public Transport Authority contract with the state government, in Western Australia has raised security concerns. This is due to the charges against the company and its subsidiaries for fraudulent conduct, bank fraud, money laundering and...
by admin | Feb 6, 2019 | News & Analysis
The former chief of staff (Rosemary Rogers) of National Australia Bank boss Andrew Thorburn, allegedly rorted more than $500,000 from the NAB, to fund an extravagant overseas family holiday that included first class travel and luxury resorts. The police suspect that...
by admin | Feb 5, 2019 | News & Analysis
Digital-asset exchange Quadriga CX has a $275 million problem in that it digital wallets (an application that stores the keys to send and receive cryptocurrencies) appears to have been lost with passing of its CEO. Speculations have been raised whether this is a scam...
by admin | Feb 5, 2019 | News & Analysis
Independent Reserve has become Australia’s first insured cryptocurrency exchange, with coverage underwritten by Lloyd’s of London. Insurance covers the loss or theft of cryptocurrency from Independent Reserve trading accounts and is considered a...
by admin | Feb 4, 2019 | News & Analysis
Interesting opinion on online credit card fraud in Australia and who really pays. Approximately $500 million a year in losses are passed on to merchants thereby removing the incentive for banks to fix the problem....
by admin | Feb 2, 2019 | News & Analysis
Experts are warning of the threat posed by China’s use of artificial intelligence (AI) to develop a surveillance state, and say the risk of such authoritarian behaviour spreading to other parts of the world is increasing. Other experts warn the world needs to...
