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In the wake of an increasing number of cyber attacks against Australia’s financial institutions, they are allocating additional resources to improve their security defences and reduce the likelihood of a successful attack.

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The best time for venture capital is when times are tough, and the best place for VCs to consistently invest is somewhere that is difficult and boring - but this probably doesn’t match the picture of venture capital in your head.

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It may have caused widespread disruption and losses for businesses of all sizes, yet COVID-19 has also led to many pressing the ‘fast forward’ button on plans for digital transformation.

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As Australian companies come to terms with the nation’s new Consumer Data Right (CDR) regulations, many are yet to fully grasp the implications when it comes to IT security.

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Innovation is often high up on the agenda in the banking industry, but for digitally native challenger banks, it’s a way of life. They were borne from innovation and continue to push the envelope and carve out new ways of engaging consumers, made possible by fewer overheads tied up in retail space and a smaller but more dynamic workforce.

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