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Leaders

Proposed regulatory changes for crypto platforms

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New proposal aimed at bringing crypto exchanges under review of laws

Treasurer Jim Chalmers recently unveiled a significant proposal aimed at bringing crypto exchanges and digital asset platforms under the purview of existing Australian financial services laws.

This proposal would also require platform operators to obtain an Australian financial services licence. Notably, the changes would apply to platforms holding over $1,500 of an individual’s assets or aggregating over $5 million.

To shed light on these proposed changes, we turn to Rebekah Blake, Head of Compliance at VentureCrowd, for insights into the rationale behind this initiative and the goals the Federal Government aims to achieve.

Rebekah discusses the motivations behind the Federal Government’s proposal and the key drivers for considering such regulatory adjustments.

The interview also explores the anticipated outcomes and objectives the government hopes to accomplish by implementing these changes in the cryptocurrency and digital asset sector.

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Leaders

Why a rapid response is paramount to cyber defence

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As cyber attacks hit Australia every 7 minutes, a rapid response is crucial for affected companies.

As cyber attacks proliferate every seven minutes in Australia, reports indicate a worrying trend of escalating severity, urging companies to prioritise rapid response measures to mitigate potential damages.

Amidst this crisis, experts stress the criticality of immediate action for companies suspecting they’ve fallen victim, underscoring the need for a well-defined incident response plan.

Lucas Bressanutti, Crawford Cyber Lead and Forensic & Financial Accountant of Crawford & Company, shares his insights on the importance of a fast response to cyber attacks. #cyber attack #business #cyber resilience

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Leaders

How to overcome imposter syndrome in the workplace

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Skilled professionals and entrepreneurs are facing impostor syndrome amidst increasing workforce demands.

A growing number of professionals and entrepreneurs are grappling with the overwhelming effects of impostor syndrome, fostering hidden feelings of inadequacy and fear of exposure despite their competence.

Despite their expertise and accomplishments, many professionals and entrepreneurs find themselves grappling with feelings of unworthiness and self-doubt. These sentiments, often hidden behind a facade of success, stem from a fear of being exposed as fraudulent or inadequate in their roles.

According to a recent study by Calabasus in 2021, a staggering 65% of professionals suffer from impostor syndrome, shedding light on the pervasive nature of this issue.

However, despite its prevalence, impostor syndrome remains one of the least discussed yet most impactful challenges facing professionals today, as highlighted by research from KPMG.

Suzana Mihajlovic, Director of Your2minds shares her insights on how to combat imposter syndrome.

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Leaders

How to defend against fraud and cyberattacks

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In the face of escalating fraud and cyberattacks targeting Australian retailers, businesses are actively seeking solutions to combat this growing menace.

The sentiment among Australian consumers reflects growing concern regarding fraud in online shopping.

To address these challenges, businesses are exploring various strategies to bolster protection for both themselves and their customers against fraudulent activities.

Hayley Fisher, Country Manager for Australia & New Zealand at Adyen, sheds light on Adyen’s 2024 Retail Index findings, highlighting the shifting landscape of fraud attacks for Australian retailers. #money #fraud #cyberattacks

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