Banking & Finance — News

Federal Budget 2015: $33.3m identity management splash anchors government transformation - Tech News

A $33.3m investment in large-scale identity management systems will form a cornerstone of the government's Digital Transformation Office (DTO) – an umbrella effort to securely push government service delivery online – which will be fast-tracked through a $254.7m Budget allocation over four years that will see numerous other agencies chipping in to support the transformation agenda.

David Braue | 13 May | Read more

Budget 2015: ASIO flags encryption challenges, slams “malicious insiders” as A-G stumps $131.3m for metadata

Increasing use of encryption and counter-surveillance technologies have been flagged as a key problem facing the Australian Security Intelligence Organisation (ASIO) as the organisation – like others within the Attorney-General's portfolio – outline their Budget-time priorities in tackling activities “prejudicial to Australia's security” that are enabled through use of such technology.

David Braue | 13 May | Read more

Nearly half of employees inadequately trained on Privacy Act compliance

Only 54 percent of workers believe their employers have given them adequate training about how to preserve the privacy of customers' personally identifiable information (PII), a new survey has found as privacy authorities spruik a new privacy management framework designed to help Australian organisations improve privacy compliance efforts that have been slammed as inconsistent and unbelievable by consumers.

David Braue | 08 May | Read more

Don't give up on the security fight just yet

Many companies are coming to see security as a form of damage control rather than prevention – an implicit admission that cybercriminals have outflanked and outclassed them – but one security innovator is still working hard to convince customers not to give up on the idea that attacks can still be prevented.

David Braue | 29 Apr | Read more