Compliance and Risk

26 Feb, 22

Navigating the Cyber Threat Landscape: Essential Insights for SMEs

SMEs are increasingly targeted by cyber threats, with the pandemic exposing the extent of potential scams. Key vulnerabilities include hacking through remote working, where security measures like firewalls and malware protection are often overlooked. Additionally, the internet offers hackers vast opportunities to infiltrate business systems. Moreover, the rise of ransomware and phishing attacks, constituting over 25% of cyber incidents, underscores the urgent need for robust cybersecurity measures.

12 Oct, 21

Introducing Director ID: Ensuring Transparency and Accountability in Australian Business

The Director Identification Number (Director ID) initiative by the Australian Securities and Investments Commission (ASIC) is a key component of the Modernising Business Registers Program, aiming to curb fraudulent activities and ensure transparency in directorship. This unique identifier, mandatory for current and prospective company directors, is obtainable through the Australian Business Registry Services (ABRS) and is designed to remain with an individual permanently, regardless of changes in their directorial status or personal details.