Displaying items by tag: Financial services

Organisations in Australia are turning their attention to business transformation to improve employee systems as the "post-pandemic" world increases the reliance on technology, according to a new study which reveals that spending and investment on IT is growing despite the current economic headwinds.

The Indian conglomerate Indiabulls, which is involved in financial services, real estate, pharmaceutical products, leasing of construction equipment, LED lights and facilities, has been hit by an attack of the CLOP ransomware that affects computers running Microsoft's Windows operating system.

Australian financial firms are struggling to keep up with the pace of regulatory change, with 69% of local risk managers concerned that complex, interconnected new risks are emerging more rapidly than their own skills are advancing.