News, views and reviews from AU’s tech sector No Images? Click here Dear , The 10th anniversary of Lehman Brothers' filing for bankruptcy – widely regarded as the trigger for the GFC – has prompted much (fairly pessimistic) reflection and introspection, and talk of the next big crisis. But as Jonathan Cotton reports, the next financial crisis may not come from financial manoeuvres, but instead from cyber attacks on essential services such as central payment clearing systems panicking the market. Given our increasing reliance on digital it seems a logical argument. But not everyone agrees. Jonathan takes a look at both sides of the argument. In other news:
We also take a look at the thorny (who said it was boring) issue of data governance. It may not be the sexiest of topics, but if you have any ambitions around becoming data-led, you'd better get it right. Lastly, we host a ProdCast next Weds taking a look into Priority ERP – the built-for-cloud solution out of Israel that local partner MedaTech says delivers superior value for money. Happy reading, Heather Wright Could a cyber attack trigger the next financial crisis?Just how safe is the global financial system from the bad guys?... Individually, we already spend a lot on cyber – but from a systemic perspective, it may be all for naught. “Financial institutions struggle to design cyber risk programs that are coherent and robust across jurisdictions.” Should you be worried about the Assistance and Access Bill?An assault on personal freedoms or a necessary step for counter terrorism?... The Australian government has finally released the draft Assistance and Access Bill, aimed at countering encryption challenges for law enforcement. “The draft bill arrived at an awkward time for the government and many of the companies likely to be regulated.” There’s big money in RegTechAnd it isn't just about the banks... Spend on RegTech platforms will exceed US$115 billion by 2023 according to new figures from Juniper. “It takes far too long for management to meaningfully address conduct problems." Turning digital transformation from vision to reality in 2018This is the year digital transformation evolves from vision to reality, writes TIBCO’s David Rosen… Disruption is commonplace in many sectors, as technologies such as cognitive systems, IoT, robotics and AR/VR continue to develop. "Organisations need to live and breathe the same level of flexibility and innovation that underpins their service offerings." Measuring people performance with MLEek! A machine is going to tell me I’m not good enough?… We hear a lot about artificial intelligence and machine learning as if they are future concepts with no practical applications. "Implementation of targeted ML-generated advice enabled a complete project turn-around in a very short period of time." MicroStrategy puts governance back into dataBecause citizen data scientists can cause new headaches for IT... Self service visualisation tools have helped take data to the people enabling even those of us without a PhD to discover business value in data. “There’s been no central control over how people use data… and if those sources are accurate or current.” This week's sponsor: Upcoming events: > Demonstrating ERP value for money | Sept 26 | At your desk iStart is proudly supported by these leading Australian software providers: Latest Buyer's Guides ERP Buyer's Guide | CRM Buyer's Guide | HR/HCM Buyer's Guide | BI & Analytics Buyer's Guide Privacy statement: We have sent this weekly eNewsletter to you at your e-mail address: [email address suppressed]. iStart will never share your e-mail address, but you may from time to time receive other event invitations or partner communications from us. You can opt out of these by managing your subscription preferences, where you can also update your e-mail address and other details. Find out more about iStart | Advertise with iStart | Subscribe Please support independent journalism! If you feel the same way, and like what we do, then we welcome your support through crowdfunding platform PressPatron. |