From printers to fish tanks: how cybercriminals are finding backdoors to hack into our businesses

From printers to fish tanks: how cybercriminals are finding backdoors to hack into our businesses

'Brute-force cyber attacks' powered by artificial intelligence are hacking into businesses at a rate of more than 200 million times a minute via the unlikeliest of office devices. In the wake of the Landmark White data breach case and a host of other similar hacks, it's becoming more obvious than ever that hackers are constant...

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What is your purpose? Gain trust through clear company values

What is your purpose? Gain trust through clear company values

Culture, values, purpose - pick up any marketing text written in the last decade and you'll likely be bombarded with one if not all of these terms. Don't get me wrong, they're great words. I mean, everyone likes a bit of positive psychology, right? But these four words are far more than a 2009-2019 buzzword-kit designed to mak...

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How the 'Transformation Economy' will reshape Australian retail

How the 'Transformation Economy' will reshape Australian retail

For the world of retail this decade has been all about the dichotomy of online versus physical; clicks versus bricks. It is a distinction that has confounded the dinosaurs of traditional Australian retail, leading to the demise of many purely physical retailers, and egging on the rise of online warehouse type platforms like Amazon or Aust...

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What will be the legacy of the Hayne Royal Commission?

What will be the legacy of the Hayne Royal Commission?

The Hayne Royal Commission into the banking and financial services industry uncovered plenty of ugliness about Australia's leading financial institutions. The institutions themselves are still dealing with the fallout of the Royal Commission; class actions, board spills, and "restructure" plans are abound this year. What...

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Why an All Ords Index of 7,000 is a Real Possibility

Why an All Ords Index of 7,000 is a Real Possibility

What a rollercoaster ride the Australian share market has been on over the past 12 months! With the All Ords peaking in August 2018 following a positive month on both Wall Street and the ASX, investors were suddenly spooked by the political turmoil in Canberra, and the All Ords lost $30 billion in one week to 23rd August. Poor sessions on...

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Are businesses taking the threat of cybercrime seriously?

Are businesses taking the threat of cybercrime seriously?

The news that Australian National University suffered from a massive hack, seeing 19 years of data stolen made headlines earlier this week. According to the ABC names, addresses, dates of birth, phone numbers, personal email addresses and emergency contact details, tax file numbers, payroll information, bank account details, and passport ...

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Space tourism has potential Australia cannot ignore, experts say

Space tourism has potential Australia cannot ignore, experts say

Heading to the moon for your summer holiday might sound far-fetched, but Australian researchers and entrepreneurs want to make it happen. Our space industry here in Australia has a bright future. The Federal Government's newly created Space Agency is due to launch in Adelaide any moment now, and entrepreneurs from around the country a...

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LandMark White's data breach just the beginning for cyber criminals

LandMark White's data breach just the beginning for cyber criminals

Though the dust is yet to settle and the full effects of the data breach suffered by LandMark White are yet to be revealed, it's safe to say one tiny error has led to a world of pain for the listed property valuer. Whether it was the 10 days that LMW's data was sitting on the dark web free for anyone opportunistic enough to grab, ...

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Six questions our banks need to answer to regain trust

Six questions our banks need to answer to regain trust

After today's Banking Royal Commission's final report it may seem as if it is impossible for banks to regain trust. But it is possible, as I know from working with prominent British and European banks after the global financial crisis, taking part in policy meetings at the UK parliament about how to restore trust, and researching ...

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Will talking to AI voice assistants re-engineer our human conversations?

Will talking to AI voice assistants re-engineer our human conversations?

Photo courtesy of Andy Kelly/Unsplash When you're lost, Siri can be your best friend. But if she can't retrieve the right address from your contacts, she can drive you crazy. And so it is with the legion of virtual personal assistants that are entering our lives. From Amazon's Alexa to Google's Home, peop...

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Have franchisors killed franchising?

Have franchisors killed franchising?

Unethical franchisors have led the franchising industry to the point it may no longer be a viable business model. The newly formed Australian Association of Franchisees (AAF), are calling for this conduct to stop and for new legal foundations to underpin the industry for the sake of the ethical franchisors and all franchisees. The Parliam...

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Fake ads continue to run rife on Facebook, despite ACCC intervention

Fake ads continue to run rife on Facebook, despite ACCC intervention

Despite the Australian Competition and Consumer Commission (ACCC) warning Facebook about a number of recurring and dangerous ads on its site, the social media giant appears to have taken no action. Over the weekend, Business News Australia once again spotted scam ads which featured Shark Tank personalities and were spruiking fake business...

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Why your business needs to capitalise on Australia's fastest growing food movement

Why your business needs to capitalise on Australia's fastest growing food movement

It's the food movement that goes by many names. Whether you call it plant-based or cruelty-free, the vegan movement is more than just a quick trend; it's certainly here to stay. In the last year, over nine million Americans went vegan and Australia became the fastest growing vegan market in the world. But still, many food and ...

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Time to think big and stop pedalling the cruel live exports agenda

Time to think big and stop pedalling the cruel live exports agenda

Late Monday afternoon David Littleproud, the Minister for Agriculture and Water Resources, announced his travel itinerary for his time in Israel.

Demonstrating his clear inability to heed broad public opinion, Littleproud is currently in Israel lobbying for the country to continue taking live animals from Australia.

Littleproud'...

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How to take risks and be a brilliant CEO

How to take risks and be a brilliant CEO

In August 1987, my father, a small business entrepreneur, arrived home after work, and announced that we were moving to Australia. This announcement served as my first exposure to risk management from an entrepreneur's perspective. My father was regarded as crazy for uprooting the family and leaving apartheid South Africa Why put ...

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Federal Labor calls for an end to live sheep exports

Federal Labor calls for an end to live sheep exports

The Federal Labor party has called for an end to the live sheep export trade if it wins government at the next election. The party says it will transition the industry away from the live export of Australian sheep into meat processing. The live export industry has come under immense fire from animal rights organisations and the broade...

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The biggest mistakes an entrepreneur can make, and how to avoid them

The biggest mistakes an entrepreneur can make, and how to avoid them

I am often asked by entrepreneurs, "how much profit should my business be making?" My answer is always the same: It depends. It depends because I don't know how much money is invested in the business in the first place. The amount of capital invested has a significant influence on how much profit is enough. Unfortunatel...

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There is little to be proud of in the wake of the live export controversy

There is little to be proud of in the wake of the live export controversy

Corporate Social Responsibility is a phrase often tossed around by boards of top Australian companies wanting to give back to the community. It is associated with companies with big brand names, wanting to look as though they are empathetic, kind, and in touch with their consumer. It's about time the Australian agricultural indust...

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Australia's 'dumb luck' about to run out with economy on the brink of collapse

Australia's 'dumb luck' about to run out with economy on the brink of collapse

I RECENTLY watched the federal treasurer, Scott Morrison, proudly proclaim that Australia was in "surprisingly good shape".

Indeed, Australia has just snatched the world record from the Netherlands, achieving its 104th quarter of growth without a recession, making this achievement the longest streak for any OECD country since 1...

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ACTION NEEDED ON GENDER DIVERSITY THIS AGM SEASON

ACTION NEEDED ON GENDER DIVERSITY THIS AGM SEASON

PROGRESS towards achieving 30% female representation across ASX 200 Boards has stalled according to a new report released today by the Australian Institute of Company Directors. The percentage of female directors across the ASX 200 has risen dramatically since 2009 when it stood at just 8.3%. However, the AICD's Quarterly Gender d...

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