CAMAC and the FSI have acknowledged that the current Australian regulatory settings are hostile to crowd sourced equity funding A recently released Treasury Discussion Paper has considered three options for law reform and what each might mean for the development of this innovative form of capital ...

Sensible changes have been proposed to the taxation of employee share schemes in the new tax legislation before parliament. ...

In an eagerly awaited appeal decision in emRPL Central v The Commissioner of Patentsem the Full Federal Court has decided that the evidence-gathering method the subject of RPL Centrals innovation patent was a mere scheme abstract idea or business method that did not constitute patentable subject ...

The Ideas Boom has arrived with the Federal Governments National Innovation and Science Agenda Central to the new agenda are a raft of tax and regulatory measures designed to encourage greater investment in startups to help them both get off the ground and to survive the valley of death with greater ...

OAIC concludes investigation of Australian Red Cross data breach where a one-off human error by a third party provider's employee led to a massive data breach that hit the Australian Red Cross Blood Service ...

While ASIC has published information on the issue of coins or tokens in initial coin offerings other regulators around the world have also been issuing guidance with some taking a much more restrictive approach Although Australia remains a relatively friendly regulatory environment for such ...

What do the Australian Department of Defence Target Verizon and the Australian Red Cross Blood Service have in common They all suffered massive data breaches linked to a failure in their supply chain These breaches are a good reminder that with so much attention directed at securing your ...

In recent weeks, both Australia and the EU have unveiled their plans to address cyber security in an era of growing concern and uncertainty. On 13 September 2017, President of the European Commission, Jean-Claude Juncker, outlined the Union's intentions to intensify their efforts regarding cyber sec ...

In late August 2017 the US Food and Drug Administration recalled 465000 Abbott Laboratories pacemakers due to cyber security vulnerabilities Although this was the first time that the FDA had recalled a medical device because of cyber concerns they have been alive to the significant risk that a cyber ...

Ransomware is big business as cyber criminals increasingly transition from a business model focused on the theft of data to one predicated on extortion Remarkably however the use of malicious software to elicit a financial benefit is not new with the first recorded outbreak of ransomware occurring ...