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ACCC clears Optus to scrap HFC network and use NBN instead

The ACCC has cleared, provisionally, the proposed deal between Optus and NBN Co under which Optus is to be paid around $800m to shut down its HFC network and transfer customers onto the NBN. read more

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Business IT - Technology

Protecting online brand is a growing challenge for businesses in many sectors, but especially in banking where loss of trust could be devastating. John Geurts, chief security officer for the Commonwealth Bank, another speaker at the Symposium, agreed with Cooper that tackling e-crime issues could no longer be a task offloaded to the IT group.

CBA which recently suffered an apparent denial of service attack which left customers unable to access the online banking system Netbank for several days, is attempting to carve a more holistic approach to systems security, said Geurts. He said that ultimately the buck stopped with the “P&L owner who is able to accept risk.”

Owning the risk is one thing, managing it quite another though as Animal Logic senior systems engineer Craig Dibble has found.

Dibble, who attended the Symposium, said that after the unauthorised internet release of the Wolverine movie, a month before its scheduled release by 20th Century Fox, there was pressure being placed by the big studios on film production houses and post production studios all over the world to ensure such a leak is never repeated. 

The question exercising Dibble remains; “How the hell do we do that?”