Stories about: ASIC

Virtualization introduces new potentials for flexibility and change over and beyond anything the world of network security has ever seen. Unfortunately for a host of large security vendors, most of the typical devices being used to protect physical data centers require a certain level of stability (or inflexibility) in order to promise proper protection.

Australian Banking Association (ABA) chief executive David Bell has slammed misleading reports that member banks have been lobbying the Australian Securities and Investment Commission (ASIC) to make customers liable for Internet banking fraud.

Financial services firm KPMG has met with the Australian Securities and Investment Commission (ASIC) and the big four Australian banks to push the adoption of industry-specific business continuity plans.

Regulatory requirements like Sarbanes-Oxley, BASEL II and HIPAA were designed to improve governance and security within the enterprise, but at some companies they appear to be doing just the opposite.

Keeping the network safe these days means fixing it before you know what's going to attack it or where. Worms wriggle faster, hackers are quicker, so out-manoeuvring mal-intents means knowing what they're up to before they do it, writes Jaikumar Vijayan

Illegal scams and schemes promoted on the Internet will now catch the eye of Scamseek, an Internet-document classification system developed with the assistance of the Australian Securities and Investment Commission (ASIC).

Australian banks will be forced to invest heavily in information technology and other financial services systems in coming years because the nation is a target for international money launderers, organised criminals and terrorist financing groups, according to global consultancy KPMG.

The Australian Securities and Investment Commission will next month implement a prototype resulting from a software research project that has improved detection of online investment scams nearly ten-fold.