Zoom has had security flaws identified and reported on for some time now. These flaws have been the aforementioned call hijacking, questionable encryption, call traffic being routed through Chinese servers and the more covert issue of Mac users being unknowingly forced into calls.
Corporate governance has been a hot topic of discussion in Australia for many years – spearheaded by Royal Commissions, drilled home by corporate law changes to charge company directors with more responsibilities, and demanded by consumers and shareholders holding companies to a higher standard of behaviour and transparency.
Cybercrime does not discriminate by business size or industry. For a hacker to realise their ultimate goal – whether that be making money, stealing infrastructure, leveraging data to steal assets or boosting their ego – they want to find the easiest targets quickly.
In December 2018 APRA released a suite of prudential reforms to support its long standing priority of improving member outcomes.
For a change, the focus of the recent Royal Commission hearings has been on superannuation and how funds' structures and governance arrangements may lead to poor retirement outcomes for members.
While GDPR will impact a broad range of companies, technology companies will face some unique challenges. Tech companies access huge amounts of data from a variety of sources and therefore face significant data inventory challenges.
‘Culture eats strategy’ has become accepted business wisdom. But is it possible for dynamic companies to maintain their unique culture and appeal as they expand and avoid the growing pains that affect so many firms?