Australian organisations have traditionally been a little behind their global counterparts in the uptake of cybersecurity measures, with CIO magazine reporting that 85 per cent of Australian businesses have suffered a data breach.
Upgrading your organisation’s digital infrastructure was once a way to stand out from the crowd. Now, it’s a necessity in order to avoid missing out on the forecasted US $1.16 trillion increase in the Asia-Pacific region’s GDP by 2021 that widespread digital transformation will contribute (according to Microsoft & IDC Asia Pacific research).
Changes are coming for superannuation funds. In December, the Australian Prudential Regulation Authority (APRA) proposed adjustments to the way funds implement business objectives, measure their outcomes and make significant expenditure.
Advisory firm PFS Consulting has recently undergone a rebrand. John Newman, Managing Director of the firm, explains more.
