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Corporate regulator probes Qantas as Virgin seeks bailout – 31 March 2020
ASIC is examining whether Qantas breached the law and engaged in false or misleading statements about Virgin Australia which could have influenced moves in the share prices of both airlines.
PayPal Australia warns external audit into financial crime could hurt results – 30 March 2020
PayPal Australia could take a significant financial hit after the completion of an external audit into the company’s compliance with the Anti-Money Laundering and Counter-Terrorism Financing Act 2006
Cyber attackers taking aim at VPNs as more work from home: sec pro – 30 March 2020
Remote workers won’t have network protections such as web filtering, firewalls, or IDS/IPS (intrusion detection systems/intrusion prevention systems) to prevent Cyber attacks. Organisations therefore, need to remind employees to stay on their guard, as well as closely monitoring network activity for anomalies and indications of compromise.
SA man jailed for financial deception – 30 March 2020
An Adelaide grandfather has been jailed for six years for creating fake bank emails and international bank accounts to lure investors. He managed to fraudulently steal hundreds of thousands of dollars.
https://www.standard.net.au/story/6702908/sa-man-jailed-for-financial-deception/?cs=7