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Understanding insider risk: focus on mistakes, not blame

Insider risks often stem from innocent mistakes, highlighting the need for supportive reporting cultures in organisations

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Insider risks often stem from innocent mistakes, highlighting the need for supportive reporting cultures in organisations

In Short:
– Most insider incidents arise from unintentional mistakes by employees rather than malicious intent.
– Organisations should foster a culture of openness and psychological safety to encourage error reporting and learning.

When discussing insider risk, the common perception is of a malicious employee. In reality, most incidents stem from unintentional mistakes. Errors occur when employees upload files incorrectly or engage with phishing emails while distracted.

Jacqueline Jane and Andrew Pedroso of SoSafe are exploring approaches to mitigate this risk by discussing systems that accommodate human errors rather than imposing punishments.

These errors often involve well-meaning employees acting in error rather than out of malice, accounting for 60-70% of incidents. To reduce risk, organisations can implement advanced technologies that streamline processes while fostering an environment where employees feel confident to admit mistakes. It’s crucial to shift the mentality from fearing errors to learning from them.


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Knowing when to walk away in real estate deals

Real estate expert shares insights on advocacy, client trust, and knowing when to walk away from potential property deals

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Real estate expert shares insights on advocacy, client trust, and knowing when to walk away from potential property deals

In Short:
– Walking away can be smarter than winning every real estate deal.
Orium & Co prioritises client needs, offering guidance through emotional property decisions.
In real estate, knowing when to walk away can be wiser than striving to win every deal. On this episode of The Property Playbook, host Tim Graham is joined by Lisa Britcliff, co-founder of Orium & Co, to focuses on client-first advocacy in real estate.
Lisa’s team has over 40 years of experience guiding clients through significant transitions like divorce or loss, offering support beyond mere transactions.
Orium & Co aims to be genuinely client-led, helping clients navigate complex real estate decisions by leveraging extensive industry knowledge and a robust network of agents across Melbourne.Download the Ticker app

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5% home deposit scheme impacts Australian property market

5% deposit scheme sparks debate over first-home buyer market impact, as experts weigh risks for new investors

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5% deposit scheme sparks debate over first-home buyer market impact, as experts weigh risks for new investors

In Short:
– The Australian Government’s 5% deposit scheme for first-time homebuyers influences the property market and buyer dynamics.
– Increased buyer competition from the scheme leads to higher prices and strategic adjustments among investors.
The Australian Government’s 5% deposit scheme for first-time homebuyers has sparked discussions about its impact on the property market.
On the episode of The Property Playbook, Tim Graham is once again joined by Michael Pell, Managing Director of Propell Property, to explore the scheme’s effects on home-buying dynamics.
Pell explains that while the deposit scheme facilitates access to homeownership, it also increases competition among buyers, leading to inflated prices in some markets. There is a correlation between lower interest rates and heightened buyer activity, creating a “perfect storm” for investors.
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How AI tools are being used to simplify property contract reviews

Lawlab’s AI-powered tool BuySecure simplifies property contract reviews, enhancing transparency and trust for Australian buyers

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Lawlab’s AI-powered tool BuySecure simplifies property contract reviews, enhancing transparency and trust for Australian buyers

In Short:
– Tim Graham discusses AI’s role in property law with Ian Perkins from Lawlab, innovating since 1899.
Lawlab’s BuySecure tool simplifies property contracts and enhances transaction clarity while keeping legal advice essential.
On the episode of The Property Playbook, Tim Graham discusses the emergence of AI in property law, featuring Ian Perkins from Lawlab, a digital innovator in conveyancing since 1899.
Lawlab simplifies transactions through technology, particularly with their latest AI tool, BuySecure. This tool reformulates complex property contracts into understandable terms.
Perkins explains that Lawlab’s roots lie in traditional law practices, evolving to address geographical challenges in service delivery. They launched their National Conveyancing Service in 2014, alongside the Rundle platform, fostering collaboration among clients and their support team.
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