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Cyber in space – the activity that is completely out of this world



As governments and the private sector develop new technologies for space, the threat of cyber attacks continues to increase

Over the years, government-run space programs have put humans on the moon.

Animals in space, and had a constant human presence living in orbit since 2000.

But as private projects like Blue Origin and SpaceX take the skies, space feels closer than ever before.

Ticker’s Costa Haritos explains the sector is already bracing for cyber activity that is completely out of this world

But with technology and software making these projects possible, they’re fast becoming a target for cyber hackers.

Both the private and public space sectors are taking a closer look at cybersecurity concerns that are out of this world.

When satellites are in space, they transmit sensitive data to and from earth.

This makes them a potential target for hackers or malicious actors.

In 2019, cyber security incidents at NASA rose to nearly 1,500—an increase of 366% from 315 the year prior.

It comes as the space agency’s cybersecurity budget declined by $3.1 million over the same period.

Peter Coroneos is an internationally recognised voice on cyber policy.

The U.K. Government is already taking action to curb cyber threats in space.

It plans to link civil and military space ventures to combat emerging threats.

Meanwhile, the White House has also put cyber in space firmly on its radar.

The U.S.’ top cyber strategy invests in resilience and defence for future attacks.

As new projects take to the skies, governments and the private sector alike are fastening their seatbelts for what could be a bumpy ride.

Costa is a news producer at ticker NEWS. He has previously worked as a regional journalist at the Southern Highlands Express newspaper. He also has several years' experience in the fire and emergency services sector, where he has worked with researchers, policymakers and local communities. He has also worked at the Seven Network during their Olympic Games coverage and in the ABC Melbourne newsroom. He also holds a Bachelor of Arts (Professional), with expertise in journalism, politics and international relations. His other interests include colonial legacies in the Pacific, counter-terrorism, aviation and travel.

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Real reason bosses want employers back in the office



As the world gradually recovers from the pandemic, employers are increasingly pushing for their staff to return to the office after years of remote work.

The driving force behind this push is the sharp decline in commercial property values, which has left many businesses concerned about their real estate investments.

Commercial property values have plunged in the wake of the pandemic, with many companies downsizing or reconsidering their office space needs.

This has put pressure on employers to reevaluate their remote work policies and encourage employees to return to the office. #featured

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Businesses cash in on Black Friday sales



Black Friday, the annual shopping frenzy, has become a global phenomenon rooted in economic strategies.

Retailers deploy various tactics to lure consumers, creating a win-win scenario for both shoppers and businesses.

The concept of Black Friday traces its roots to the United States, where it marks the beginning of the holiday shopping season. Retailers offer significant discounts on a wide range of products to attract a massive customer influx. This strategy, known as loss leader pricing, involves selling a few products at a loss to entice customers into stores, hoping they will buy other items at regular prices.

Retailers also employ the scarcity principle by advertising limited-time offers and doorbuster deals. This sense of urgency compels consumers to make quick decisions, boosting sales.

Furthermore, online shopping has revolutionized Black Friday economics. E-commerce giants use data analytics to customize deals, targeting individual preferences. Cyber Monday, the digital counterpart to Black Friday, capitalizes on the convenience of online shopping. #featured

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Australian inflation figure finally starts with a 4



Australia’s October inflation figures have surprised economists, as consumer prices rose at a slower pace than anticipated.

This slowdown was primarily attributed to a significant drop in goods prices, contributing to the nation’s subdued economic climate.

The Consumer Price Index (CPI) for October indicated a modest 0.4% increase, falling short of the 0.7% forecasted by analysts. On an annual basis, inflation stood at 2.1%, below the Reserve Bank of Australia’s target range of 2-3%. This unexpected deceleration is likely to affect the country’s monetary policy decisions in the near future.

Goods prices, including essential items like fuel and food, recorded a notable decrease of 0.8%, mainly due to supply chain disruptions and global economic uncertainties. Meanwhile, services prices continued to rise, albeit at a slower rate, driven by higher wages in some sectors.

This unexpected dip in inflation raises questions about the overall health of the Australian economy and the central bank’s strategies to combat it. Policymakers now face the challenge of balancing economic growth with the need to manage inflation effectively. #ticker today #featured

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