My career has been more like a series of small paper cuts inflicted on by naked swimmers and children living in a Canberra bubble …
Satyajit Das’ final post on where the world order is headed
Cybercrime in Australia has been on the rise for years, but Optus and Medibank have been wake-up calls
It might seem like data breaches are occurring more frequently than ever in the wake of the Optus cyber-attack, but while cybercrime incidents are constantly on the rise, Australia isn’t really a hot new target.
Since Optus first disclosed its massive data breach at the end of September, breaches or attacks have been reported by Medibank, Woolworths’ MyDeal, EnergyAustralia, Vinomofo and Medlab.
And those are just the ones that we’ve heard about.
But cybersecurity experts say it’s just that companies have been more forthcoming in announcing data breaches since Optus – and the media has been more focused on reporting them.
cowards!” Algérie Résistance II
Regular readers know that I have posted several times on the criminal prosecution of Carlos E. Kepke, a Houston attorney who was allegedly the enabler for two alleged massive tax evasion (and related crime) tax schemes involving offshore trusts. Readers will recall that Brockman died before his criminal case went to trial, and Smith achieved an NPA requiring him to testify in the Kepke prosecution. By order dated 10/20/22 (CL here), Judge Donato addressed certain pending motions. The ones that I thought might be interesting to readers are
High commodity prices were the key drivers of the increase in corporate tax payments, the ATO said, noting that Australia had one of the highest levels of tax compliance of large business in the world with 93% of tax paid voluntarily, and 96% after the ATO’s compliance activities.
NEWS YOU CAN USE: Particularly if you’re in the corporate boardroom and letting Twitter flamewars dictate company policy.
NEWS YOU CAN USE: 6 Reasons Why ‘Starship Troopers’ Is the New ‘The Art of War.’ “Wall Street raiders and business tycoons still cite Sun Tzu’s classic military treatise to explain preparation and tactical prowess. But if you really want an insight into 21st century warfare, you need to read Robert Heinlein’s Starship Troopers. Here’s why.”