This year alone, Australians spent approximately $5.6 billion on cyber security from both local and international providers, with spending expected to increase to $7.6 billion by 2024, according to a new report.
Mobile financial services to help customers transact instantly are seeing greater demand and rollout amongst Australian financial institutions during the pandemic, although the institutions are slow to adopt next-gen digital offerings such as fraud alerts (21%) and voice-activated fund transfers (15%), according to a new report.
Australian data centre infrastructure spending is forecast to return to growth of 6.5% in 2021, despite an estimated decline of 10.4% for this year due to restricted cash flow during the pandemic.
Thanks Peter! A story well worth reporting.A tiny step in a better direction except that 2035 will be far too[…]
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