News, views and reviews from NZ’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 have 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. Enjoy the read, 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.” 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." Forget RBI, Pāmu serves up its own connectivity to farmsLandcorp's Rural Connect delivers wi-fi to 300,000 ha of farmland... A new project with Pamu – the brand name for SOE Landcorp – has served up improved internet connectivity covering more than 300,000 ha of farmland. “Lack of connectivity meant that the system wasn’t being properly used.” Smart City 3.0: Are we ready?From city smarts to integrated city-building-vehicle smarts... From intelligent transport systems to smart bins and IoT networks to digital literacy programs, cities are embracing smarts to enhance livability, workability and sustainability. “A more open and converged ecosystem will integrate more deeply.” When cyber-crime strikesInsurance moves from tangible to intangible assets, but who's buying?... It used to be that tangible items such as buildings, stock and vehicles were the key assets for a company. “The costs involved with mandatory notification and data protection can be quite expensive.” 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 | 26 Sept | At your desk iStart is proudly supported by these leading Latest Buyer's Guides ERP Buyer's Guide | CRM Buyer's Guide | HR/HCM Buyer's Guide | BI 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
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