US telco and global communications giant Verizon has been included on a new federal government telecommunications services panel with six other services providers.
Cybercrime is the second most-reported economic crime in Australia and costs the economy an estimated $17 billion annually, but despite this there are widespread “frailities” in the governance of cyber security among executives in both the public sector and private enterprise, according to a newly published report.
Australia has a bright future as a leader in Fintech innovation but to reach that leadership position requires concerted effort from government agencies and established financial institutions, as well as partnerships and research collaboration between banks and start-ups, according to global research company, Frost & Sullivan.
Just sell the whole thing to Telstra already. It can't get any worse.
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