Phone frustrated
News & Analysis

Telecommunications Industry Ombudsman says small business cops it hardest when problems arise with telcos

- September 24, 2021 3 MIN READ

Complaints about telecommunications providers declined last year for the third year in a row – but a surge in complaints from small businesses suggests that Australia’s telecommunications providers are still falling short of their promises of improved customer service. Phone and Internet-related complaints declined 6.1% during the 2020-21 financial year, according to the Telecommunications Industry… Read more »

Medieval siege
Cyber security

Cybercrime reports in Australia are now being lodged every 8 minutes

- September 17, 2021 3 MIN READ

The volume of cyber security attacks has grown so much during the COVID-19 pandemic that victims were lodging a new cybercrime report every 8 minutes, the Australian Cyber Security Centre (ACSC) reported, as it launched its latest annual report into Australian cybercrime. With over 67,500 reports of cybercrime received during the 2020-21 financial year, the ACSC… Read more »

cybersecurity
Cyber security

Australian companies are keeping their cyberattacks secret amid a rising ransomeware problem

- September 10, 2021 3 MIN READ

Australia continues to be an easy target for ransomware groups who profit from poor corporate accountability and a culture of secrecy. The number of ransomware incidents affecting local organisations increased by 24 per cent in the first six months of 2021, according to data from the Office of the Australian Information Commissioner’s (OAIC) latest notifiable data breaches report. Unfortunately,… Read more »

ABBA
News & Analysis

The rise of ABBAtars: How Star Wars technology is bringing Swedish pop stars back to life in their 70s

- September 8, 2021 3 MIN READ

Swedish pop group ABBA is returning to the stage in a virtual concert with the help of image technology used in a Star Wars movie. ABBA’s popularity has endured over the 40 years since their last album, racking up a staggering 17 number one hits, over 16 million weekly global streams and selling almost 400 million… Read more »

smishing
Cyber security

Scammers have moved in on Australia Post’s delivery problems with SMS ‘flubots’

- September 3, 2021 3 MIN READ

Australians must be extra cautious about what messages they click on in coming weeks, after Australia Post’s three-day hiatus on package pickups created a new window for cybercriminals tweaking the Flubot ‘smishing’ attack to tap uncertainty around COVID test results, vaccines, and deliveries. More than 5,500 Australians have told the ACCC Scamwatch service that they have received text… Read more »

dogecoin, cryptocurrency
Cryptocurrency

The Australian government is looking closely at how to regulate cryptocurrencies

- September 1, 2021 4 MIN READ

The government is looking closely at regulations affecting cryptocurrency as it considers how to handle digital assets and encourage innovation in the broader blockchain ecosystem. Chair of the Select Committee on Australia as a Technology and Financial Centre, Senator Andrew Bragg, said the government recognises cryptocurrency is an “area of full of opportunity and full… Read more »

OnlyFans
Global tech

OnlyFans has ‘suspended’ its ban on sexually-explicit content

- August 27, 2021 2 MIN READ

Image and video sharing platform OnlyFans has reversed its controversial decision to ban sexually-explicit content, saying it has “suspended” the changes to its terms of use that would have taken effect on October 1. “Thank you to everyone for making your voices heard,” OnlyFans tweeted on Wednesday night. “We have secured assurances necessary to support our diverse… Read more »

Andrew Barnes
Business strategy

Go1’s Andrew Barnes says incubators are not the ‘silver bullet’ startup founders hope they’ll be

- August 25, 2021 4 MIN READ

Startup incubators have their value but they aren’t a “silver bullet”, the CEO and founder of recently anointed Australian unicorn Go1 has warned as the six-year-old company gets ready to invest its newly acquired $272m ($US200m) VC windfall. The success of the newly-minted unicorn wasn’t always assured, CEO and founder Andrew Barnes told a recent ‘Ask Me… Read more »

Data privacy

A deal between Australia’s governments to share data nationally has privacy experts worried

- August 18, 2021 4 MIN READ

State, territory, and federal governments have agreed to the first national data sharing program that will ease the movement of data between jurisdictions. The formation of the Australian Data Network follows an intergovernmental data sharing agreement signed by the National Cabinet in early July which commits Australian state, territorial and federal governments to share data with one… Read more »

Robin Hood,
Cryptocurrency

A hacker stole a record in $831 million in cryptocurrency – then started giving it back

- August 12, 2021 3 MIN READ

A hacker pulled off one of the biggest cryptocurrency heists in history by transferring $831 million worth of cryptocurrency off the Poly Network platform, only to start giving the assets back the next day. Poly Network announced the attack on Tuesday night, saying it had been attacked on the Binance Smart Chain, Ethereum, and Polygon… Read more »

dogecoin, cryptocurrency
Cryptocurrency

The RBA says there’s no chance cryptocurrencies will become legal tender in Australia

- August 4, 2021 3 MIN READ

Cryptocurrency is unlikely to ever become legal tender in Australia, a Reserve Bank of Australia (RBA) executive has concluded during a Parliamentary hearing exploring competition, data privacy and fintech innovation issues. Despite watching the emerging cryptocurrency market for the past eight years, Dr Anthony Richards, head of the RBA’s Payments Policy Department said, “we just… Read more »

News & Analysis

FASTER, HIGHER, SMARTER: Tech hits the podium at the Tokyo Olympics

- August 1, 2021 3 MIN READ

Given Japan’s long-time position as a high-tech leader, Tokyo’s 2020 Olympics were a natural way to show off the country’s know-how and manufacturing capability – and as the spectacular drone display of the opening ceremony gave way to the everyday competitions of the next two fortnight, new technologies were everywhere. That drone exhibition – in which a… Read more »

World's biggest garage sale team
News & Analysis

YEAH BUT NO: Tech bureaucrats mistakenly tell 1000 female founders of grant success

- July 22, 2021 2 MIN READ

More than 1,000 Australian women entrepreneurs were left with a sour taste in their mouth this week after an email bungle from the Department of Industry, Science, Energy and Resources. Early on Monday morning, the department, which is in the portfolio of Technology Minister Christian Porter, sent applicants of the Boosting Female Founders Initiative emails wrongly saying… Read more »

News & Analysis

A cyber attack downed the NSW Education Dept website just as the government ordered schools to switch to online teaching

- July 9, 2021 2 MIN READ

The NSW Department of Education was hit by an apparent cyber attack on Wednesday. In a notice published on Thursday, the department said it took precautionary measures, shutting down many of its systems including the online portal teachers were using in preparation for the new school term. “The timing of this creates considerable challenges for… Read more »