The proliferation of software, platforms and infrastructure as a service, as well as a shift to public clouds has created a complex cybersecurity challenge. Attackers are taking advantage with increasingly sophisticated tactics, causing a fundamental rethink of how cybersecurity is delivered, according to one of the industry’s biggest players, McAfee.
Cybercrime is the biggest threat to Australia and some of our defences will fail, says government’s top cyber official
The greatest existential threat to the Australian economy is cybercrime, according to Alastair MacGibbon, the man charged with leading the federal government’s cybersecurity strategy. The cyber defences designed to protect us will inevitably fail, he said. MacGibbon, the National Cyber Security Adviser at the Department of Home Affairs and concurrently
Autonomous cars have displayed their potential in a live demo in Adelaide on the weekend. Cohda Wireless, an Australian connected autonomous vehicles company, said their demonstration was a “world first” for self driving cars connecting to each other and roadside units to determine their position. Previous trials of autonomous cars
VMware, the company best known for virtualising servers and storage, is transitioning to a subscription service model, according to its cloud platform CTO, Kit Colbert. The move is similar to Adobe’s SaaS shift and will generate better outcomes for customers, according to Colbert. “We absolutely are focused on moving more
Australian banks know they need to accelerate their digital transformation but are struggling to put the change into practice, partly because they over outsourced IT in the past. Now, challenges around architecture, software development and organisational structure are putting the incumbent banks at risk of being left behind as new
Australia’s big banks are envied for the sheer amount of customer data they possess, but often they struggle to put it to good use, according to Johnathon Davey, Executive General Manager Digital & Innovation at NAB. To address the challenge NAB is increasingly relying on partners and third parties for
Artificial intelligence (AI) is removing industrial and geographical boundaries for financial services organisations, according to AI expert, Dr Ayesha Khanna. Singapore saw the change coming and early investments in the technology and people to support it mean the country will likely be the global leader when AI is “everywhere” in
ANZ expects the impact of open banking on Australia’s financial industry will be profound. So much so that the bank is preparing to fundamentally change its business model. But it had to rely on regulators to get the conversation started. “From a large bank perspective, I think open banking helps
Blockchain has been heralded as a transformative and potentially disruptive technology. However, many are hesitant about the practical application of blockchain outside of limited use cases. The key to early success is matching blockchain to an appropriate business model, according to Stephen Moore, SAP Australia and New Zealand Executive Director.
Taxi and Hire Car Drivers in Victoria are preparing to sue Uber for hundreds of millions of dollars in lost earnings. It will be alleged Uber operated illegally when they launched in Victoria without legal approval in the state, according to the Australian Associated Press. Sign up for Which-50’s Irregular