111-120 of 191 results
Setting a new standard: a guide to APRA's operational risk management reforms
Given the tight timeframes proposed, APRA regulated entities should begin to review their operational risk management processes and arrangements against draft CPS 230 – see our practical implementation guide here. ...
Part 1 – Detailed Analysis of CPS 230 and comparison with existing standards
Operational risk has been a headline issue in the superannuation, insurance and banking industries over recent years, so it is no surprise to see APRA sharpening its focus on operational resilience with the release of a new draft prudential standard, CPS 230. In this Insight we provide an overview of CPS 230 and what it will mean for you. ...
Long-awaited sanctions reform may result in more dispersed sanctions risk
Last year, the Parliamentary Joint Standing Committee on Foreign Affairs, Defence and Trade (the committee) recommended enacting legislation to establish a worldwide human rights sanctions regime. Last week, the government's response was tabled in Parliament. ...
Cyber security by design: Australia's (future) Cyber Security Strategy
The Federal Government released its much anticipated Cyber Security Strategy 2020 Report on 6 August. The Strategy builds on the foundations of its 2016 predecessor and closely follows the recommendations made by the 2020 Cyber Security Strategy Industry Advisory Panel in its July report. ...
Making the quantum computing leap
The Federal Government's recent National Quantum Strategy and FY2023–24 Budget signal a strong commitment to growing Australia's quantum computing sector. To assist organisations aiming to capitalise on that renewed focus, this Insight gives an overview of the technology and the legal issues. ...
Generative AI in practice: a guide for in-house legal teams
In-house legal teams are uniquely placed to be early adopters and champions of AI. We've designed a guide to help you and your team assess and deploy generative AI across the legal function. ...
Why every company should have a structured cyber simulation program
The single most determinative factor in how an organisation emerges from a cyberattack is how it conducts itself during the crisis. And the biggest determinant of how an organisation conducts itself during a crisis is how prepared it is. Here are five tips to keep in mind. ...
FIRB changes to note from 1 July 2023
In this Insight, we outline and comment on the New Register and corresponding reporting obligations. ...
Metaverse, VR and AR: what you need to know
The digital world is rapidly transforming and, with the metaverse and other virtual technologies coming to prominence, this transformation is only going to accelerate. To stay ahead of the curve, businesses need to understand what's ahead, the coming changes and what these mean in practice. ...
Takeaways from the Optus and Medibank data breach class actions
In this Insight, we examine the common elements that form the basis for the pleadings, some emerging issues and the practical steps that corporate Australia should be taking now to reduce their class action risk. ...