Risk

Second time lucky? The re-introduction of anti-bribery reforms.

The Bill represents the latest commitment by the Government to address Australia’s obligations under the OECD Foreign Bribery Convention, and make it easier for Australian prosecutors to prosecute foreign bribery.

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Reported fraud is on the decline but the perpetrators are becoming more ‘professional’

There was a sharp decrease in number and value of frauds in 2016-17 – but the average value of a fraud remains fairly constant at around $3.1m.

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Seven Cyber Security Predictions for 2018: will you be ready?

In 2017, one in two businesses was threatened by a ransomware attack, one of the fastest growing types of cyber-crime

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Social media intelligence. It might just be the canary in the coalmine

If you are truly intent on mitigating and managing risk in today’s world you ignore the ability to monitor and analyse social media at your peril.

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Rewards for whistleblowers who do the ‘right thing’ but no bounty bonanza 

For years Australia has lagged behind in the protection of whistleblowers at the expense of those who do the right thing.

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Reputational and financial damage by staff and payroll intermediaries can be mitigated

Recent fraud surveys point to the increasing scourge of financial fraud and white collar crime across the globe. Australia is no exception

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The 12 Days of Cyber Christmas: a cautionary tale in the digital age of ‘smart’ devices

The holidays are nearly with us and everyone is surely looking forward to a rest. Well not everyone, because while you chill out, the fraudsters are still hard at work…

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Unwittingly sharing your personal details online? The results can be pretty creepy

Filled in an online form lately? Bought a book or signed up to a content streaming service? Shared a selfie. Well you have just added more information to your unseen…

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Whistleblowing: should “doing the right thing” be rewarded?

It’s no secret that whistleblowing is a risky business. Historically, whistleblowers have had little protection from reprisal and even less incentive to come forward to “do the right thing”. However,…

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Asbestos use in Australia – is it history?

The importation, use and recycling of asbestos was banned in Australia on 31 December 2003, following a phase out process which started with a ban on blue asbestos in 1967.…

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ASX companies fall short in gender diversity and risk reporting

Last week, the ASX launched two major reports written by KPMG – one of them received extensive media coverage, while the other was largely overshadowed.

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Balancing risk culture: the fine line between risking everything and risking nothing

When businesses make headlines for all the wrong reasons, it’s inevitable that questions are asked as to whether it can be blamed on the few transgressors or whether the failure…

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Failure is not an option when upgrading treasury software so try these quick tips

I have noticed an upswing in the number of organisations considering their future corporate treasury technology requirements. I suspect this trend is being driven by the expiration of treasury management…

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