Last modified on December 7th, 2021 at 12:53 am
Despite previous hesitation, VISA has thrown itself into cryptocurrency adoption. VISA is presently partnering with over 50 crypto exchanges and platforms to offer its users seamless integration for daily purchases. Due to the surge of cryptocurrency investments and wider use cases, VISA has taken a major step in utilising digital currencies on its system. In …
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Last modified on December 7th, 2021 at 12:52 am
A call has been made to regulate loot boxes in video games in Australia due to their link to gambling risk in children. Loot boxes originated as early as 2004 and act as a prize pack for selected random items in video games. This concept was promoted in early sports and multiplayer games to reward …
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Last modified on December 7th, 2021 at 12:52 am
With the rise of internet banking and digital currencies, banks are under heavy liability to ensure that their customers are protected from fraud and money laundering. The Australian Transaction Reports and Analysis Centre (AUSTRAC) has recently targeted the National Australia Bank (NAB) due to its struggle in fixing legacy problems with customer identification. Big banks …
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Last modified on December 7th, 2021 at 12:51 am
Ransomware gangs have evolved from an online hacking group to “modern-day pirates” of the digital sea. Ransomware attacks are now being used to specifically target and stifle governmental sectors and businesses in western nations. Australia’s shadow assistant Minister for Communications and Cyber Security, Tim Watts, has noted how ransomware attacks now tread on the line …
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Last modified on May 17th, 2024 at 4:55 pm
It is with great pleasure that I announce that Jonathan Beran has recently joined Arnotts Technology Lawyers in the role of Senior Associate. Jonathan is an experienced Senior Lawyer and ex-General Counsel with more than 15 years of legal experience in corporate/commercial, disputes and regulatory matters. He brings a wealth of local and international experience …
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Last modified on December 7th, 2021 at 12:49 am
As countries begin to expand their technological reach, Australia has made the decision to extend its diplomacy to the Indo-Pacific region through a new International Cyber and Critical Technology Engagement Strategy. Australia’s Foreign Minister Marise Payne has provided that this strategy is designed to build a “safe, secure and prosperous Australia, Indo-Pacific region and world …
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Last modified on December 7th, 2021 at 12:48 am
Consumers have risen to file a lawsuit in San Francisco against Sony over its alleged unlawful monopoly over game prices on its PlayStation Store. With a shift to online permanence, the gaming industry has seemingly been torn over physical and digital purchases. Sony’s recent PlayStation 5 Digital Edition demonstrates a push to weed out physical …
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Last modified on December 7th, 2021 at 12:28 am
Following the ongoing litigation in the Epic v Apple case, the Australian Competition and Consumer Commission (ACCC) has sought leave to appear in the Full Federal Court under amicus curiae (friend of the Court). Previously, the Court granted a stay on the proceedings between Epic and Apple due to the jurisdiction provided for in Apple’s …
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Last modified on December 7th, 2021 at 12:27 am
As Australia’s investment market continues to grow through stocks, venture capital, and cryptocurrency, First AML has launched their company in Australia to manage money laundering and regulatory compliance, according to Yahoo! Finance. First AML is a New Zealand based start-up that provides a regulation technology platform to assist companies in performing customer due diligence services …
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Last modified on December 7th, 2021 at 12:26 am
The Australian Communications and Media Authority (ACMA) has held that local telco, Lycamobile, has breached service provider rules under the Telecommunications Act 1997 (Cth) (the Act). Under the Act, telecommunications companies are obliged to provide Telstra Corporation with certain information about consumers in order to maintain the Integrated Public Number Database (IPND). The ACMA investigation …
Continue reading “TELEMARKETING COMPANY LYCAMOBILE BREACHES TELECOMMUNICATION LEGISLATION”
