Displaying items by tag: ASIC

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Losses to imposter bond investment scams have nearly tripled in the first half of this year with consumers losing over $20 million to these sophisticated scams, according to the competition watchdog the ACCC.

FinTech Australia has appointed former Federal Government adviser Nick Kavass to the newly created role of policy lead.

Cloud provider Amazon Web Services and the Australian Government's Digital Transformation Agency have renewed and extended their whole-of-government agreement.

ACCC Commissioner Sarah Court has been appointed to the position of Deputy Chair at Australia’s national corporate, markets, financial services and consumer credit regulator, the Australian Securities and Investments Commission (ASIC),

Security firm Qualys has become the latest to be affected by a breach of a file transfer system manufactured by the firm Accellion, the company says.

On the 25th of January, ten days after ASIC became aware of a cyber security incident affecting a server used by ASIC, the world was notified of the ASIC hack attack.

A Melbourne woman aged 21 has been arrested in connection with a fraud and identity theft syndicate which allegedly stole millions from the superannuation and share trading accounts of Australians.

Demand for executives in the ICT sector in July dropped 3%, unable to continue from its small gain of the previous month, as executive employment across all business and industry sectors plunged for the sixth month in a row.

A surprisingly high proportion of MIT's Center for Information Systems Research sponsors are Australian organisations.

Phishing, unexpected prize and lottery scams and identity theft are among the 1800 scams which have hit Australia’s indigenous communities, causing losses of $3 million so far this year.

The Australian Communications Consumer Action Network says telcos do well out of the telecommunications industry, and need to step up and resolve complaints about third-party charges themselves, not send their customers off to third-party providers for resolution.

Mobile apps for conducting binary options trading have been removed by both Google and Apple from their respective app stores following a review by ASIC of about 330 apps offered by entities that appeared to be unlicensed.

An email that claims to be from ASIC is instead a repository for Windows ransomware that will be downloaded if the recipients click on a link within the missive, the e-mail security company MailGuard claims.

The Australian government has bowed to public pressure and announced it would drop its plans to sell off the ASIC corporate database.

Australian ecommerce specialist UltraServe has appointed former IBM and Dimension Data senior manager Vishnu Roy to a newly created role of vice-president operations.

Successive governments have been earning plenty from the fees paid by those who want to access material from the ASIC corporate database but have not bothered to update the technology used to run the database.

Workers at the Australian Securities and Investment Commission have become the latest group to join the protest against the federal government's proposal to sell off the organisation's corporate database.

Support is growing against the federal government's move to sell the corporate database owned by ASIC to a private operator, with more than 50,000 members of the public and 84 journalists having signed a petition and a letter respectively against the sale.

Australia charges more for data from its corporate registry than even countries like Bangladesh and Cambodia, it has been revealed as the tender process for selling off the database owned and operated by ASIC closed today.