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Hacker threats rising against Oracle and SAP business software – 26 July 2018

by admin | Jul 26, 2018 | News & Analysis

Systems at two government agencies and at firms in the media, energy and finance sectors were hit after failing to install patches or take other security measures advised by Oracle or SAP. The alarm was raised because firms store highly sensitive data – including...

Australian government ‘drunk on surveillance’ – 25 July 2018

by admin | Jul 25, 2018 | News & Analysis

Government moves to increase law enforcement agencies’ ability to access encrypted communications and the support at both a federal and state level for the creation of a national facial recognition system are two of the recent developments that have alarmed human...

I was a ‘puppet’: Former financial planner claims AMP pressured him to sell inferior products – 23 July 2018

by admin | Jul 23, 2018 | News & Analysis

As part of the ABC Four Corners investigation, a former AMP planner has described the financial services AMP giant as a “dictatorship”, claiming he was pressured to sell in-house products, including to a client who would have been left thousands of dollars...

How can HR protect against employee fraud? – 23 July 2018

by admin | Jul 23, 2018 | News & Analysis

Employee fraud in Australia is more common than most companies realise and consequences are wider than the obvious financial impact. Article discusses pre-employment screening and the importance of rescreening to prevent ongoing employee fraud and mitigate risk....

PwC blamed by Aoyin for failed banking licence attempt – 22 July 2018

by admin | Jul 22, 2018 | News & Analysis

Chinese lender Aoyin claimed it wasted $5 million trying to establish a locally incorporated bank in Australia due to flawed advice from PwC.  The claims include failing to act with reasonable care and skill, breaching its retainer and engaging in misleading and...

Tricks from the master’: How a Sydney trader landed in the centre of US fraud bust – 21 July 2018

by admin | Jul 21, 2018 | News & Analysis

Jim Zhao, a 31-year-old man was arrested for a US operation that has spanned four continents, netted 11 individuals and implicated at least four of the world’s biggest banks in a seven-year conspiracy to manipulate commodities markets in Chicago. He is one of...
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