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Nearly one in four Australian businesses have experienced a deepfake information security incident in the last year, ISMS.online report finds

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Nearly a quarter of Australian businesses have experienced a deepfake security incident in the past year, research by ISMS.online, the auditor-approved compliance platform, has found. 24% of organisations experienced a deepfake incident in the last 12 months.

LONDON, June 30, 2024 /PRNewswire-PRWeb/ — Nearly a quarter of Australian businesses have experienced a deepfake security incident in the past year, research by ISMS.online, the auditor-approved compliance platform, has found. 24% of organisations experienced a deepfake incident in the last 12 months.

“To see nearly a quarter of businesses already impacted by deepfake attacks is worrying. These findings, alongside the vulnerabilities associated with third-party suppliers, show that businesses must ensure they have a strong information security posture.”

AI-powered technology is relatively new compared to threats like social engineering and malware, but deepfakes are already among the top information security incidents impacting businesses. Sophisticated deepfake technology now allows threat actors to facilitate business email compromise (BEC) style attacks – many attacks mimic the voice and image of senior leaders to trick targets into transferring funds.

The ISMS.online State of Information Security Australia snapshot surveyed 506 information security leaders across ten sectors, including finance, technology, healthcare, manufacturing, education, and energy.

The research comes as the Government aims to position the country as a global leader in cybersecurity with the Australian Cybersecurity Action Strategy. However, as 75% of organisations state they’ve been impacted by an incident caused by a supply chain partner, and partner data (39%) is cited as the most compromised in the past 12 months, businesses must be vigilant.

As a result, two-thirds (66%) plan to increase their spending on securing supply chain and third-party vendor connections in the coming 12 months, and the majority (79%) expect to increase their overall information security spending. Training and awareness are also critical focus points for businesses as cyber-attacks become more sophisticated: nearly half (46%) have adopted a greater emphasis on employee education and awareness in the last 12 months.

Despite training and awareness initiatives, over a third (36%) admit that employees use personal devices (BYOD) without proper security measures, leaving businesses more vulnerable to targeted cyber attacks like deepfakes.

Michelle McCarthy, Head of Asia Pacific at ISMS.online, said: “To see nearly a quarter of businesses already impacted by deepfake attacks is worrying. These findings, alongside the vulnerabilities associated with third-party suppliers, show that businesses must ensure they have a strong information security posture. It’s promising that the majority are planning further financial investment into their information security and supplier management.”

While AI-powered deepfakes present a growing risk to businesses, more than four-fifths (84%) say the technology is improving information security, and 69% expect to increase their spending on AI and ML security applications.

“AI and deepfake technologies have evolved rapidly and continue to do so at pace. As businesses consider implementing AI tools in their information security operations, they must align with the global regulations that will undoubtedly come into force over time. Standards like ISO 42001, which encompasses AI use, will help organisations show their ethical, compliant approach to AI to their customers, regulatory bodies and partners.”

Media Contact

Rebecca Harper, ISMS.online, 44 1273 704400, rebecca.harper@isms.online, ISMS.online

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SOURCE ISMS.online

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Keynode Launches Advanced Liquidity Pooled Staking Plans for Crypto Stakers

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Keynode introduces Liquidity Pooled Staking, removing high entry barriers and providing flexible staking options with regular rewards.

NEW YORK, Feb. 1, 2025 /PRNewswire-PRWeb/ — As crypto adoption goes mainstream, Keynode, a crypto staking platform, has launched its new Liquidity Pooled Staking services. This feature gives you more flexibility and better crypto staking rewards. To many, it’s going to change the staking space and also solve the problems in the staking ecosystem.

Liquidity Pooled Staking is a game-changer for crypto staking platforms. It combines staking with liquidity solutions so that new and seasoned investors can unlock their crypto‘s full potential and support the blockchain networks.

Solving Crypto Staking Challenges Through Innovation

Crypto Staking, the process of locking up cryptocurrency to secure the blockchain, has been limited by high thresholds, technical complexity and not being able to access the staked assets. The platform’s Liquidity Pooled Staking removes these barriers by offering a user-friendly approach where you can stake with minimal requirements and have liquidity at the same time.

You will no longer need 32 ETH to stake Ethereum, nor will you need to run complex validator nodes. The staking platform simplifies everything making staking accessible to everyone. The staking platform bridges the gap between crypto staking rewards and liquidity so that you can earn without compromising access to your assets.

Secure and Flexible Crypto Staking

By partnering with regulated entities, the staking platform ensures your funds are protected to the highest industry standards. Additionally, they offer customizable staking options to fit your investment goals. You can optimize your strategy without being locked into a specific staking plan.

It’s easy to use and 24/7 support makes the experience even better. Whether you’re a new investor or a seasoned staker, the platform is designed to simplify the staking process for everyone.

Introducing Competitive Crypto Staking Rewards

These Liquidity Pooled Staking plans also bring a competitive edge in terms of crypto staking rewards. By participating in the program, you can earn staking rewards twice a week across multiple assets including ETH, SOL, MATIC, and many more.
The dual payout structure and transparent reward system mean you can stake and have access to your funds. This balance of liquidity and rewards is the unique value proposition of the staking platform to the crypto community.

Key Features of the Staking Platform

Low Staking Threshold: No big upfront investment required; you can start staking with just $100.Multiple Assets: Stake popular cryptos like ETH, SOL, and ADA.Regular Rewards: Get paid twice a week from staked assets.Easy to Use: Simple platform and 24/7 support for hassle-free staking.Flexible Contracts: Choose from various staking plans for short or long term.

Making Crypto Accessible and Innovative

Founded by blockchain enthusiasts who were frustrated with traditional staking the staking platform is committed to making crypto staking accessible to all. By lowering the participation threshold and offering innovative solutions like Liquidity Pooled Staking Keynode will offer some of the best rewards in the staking industry.

In addition to staking services, the platform has an affiliate program to support community engagement. They give up to 4% referral commissions and instant payouts so that users can share the benefits of the platform and earn more.

About Keynode

Keynode is a crypto staking platform focused on unlocking liquidity and maximizing staking rewards for its users. By employing advanced security measures and user-friendly technology, Keynode empowers investors to explore the full potential of their digital assets with confidence.

Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. Cryptocurrency mining and staking involves risk. There is potential for loss of funds. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

Media Contact

Kiven Scott, Keynode, (+1) 678-310-6834, info@keynode.net, https://keynode.net/?a=homeKN25PR11

View original content to download multimedia:https://www.prweb.com/releases/keynode-launches-advanced-liquidity-pooled-staking-plans-for-crypto-stakers-302365865.html

SOURCE Keynode

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Research Reveals Talent Shortages and Manual Processes are Stifling Finance Teams in Construction

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MELBOURNE, Australia, Feb. 2, 2025 /PRNewswire/ — A new report has revealed significant challenges facing construction finance teams across Australia and New Zealand, with talent shortages, outdated systems, and manual processes topping the list of concerns. The findings by Payapps, an award-winning construction software solution trusted by thousands of main contractors and subcontractors to simplify and standardise progress payment claims, highlight the urgent need for digital transformation to alleviate pressure on finance professionals and enhance operational efficiency.

Conducted among 125 finance professionals, the survey underscores talent shortages as the most pressing issue, with 36% of respondents identifying it as their biggest challenge. This is compounded by dissatisfaction with manual workflows, particularly in managing progress claims, with 37% of finance teams expressing dissatisfaction with their current systems.

“Construction finance teams are being asked to do more with less, all while ensuring compliance with strict regulations like the Security of Payment Act in Australia and the Construction Contracts Act in New Zealand,” said Daniel Giles, CFO of Payapps. “These inefficiencies not only increase stress on teams but also jeopardise project timelines and financial stability.”

Key Findings:

Manual Processes Hamper Progress: A staggering 41% of teams still rely on manual processes for progress claims, leading to bottlenecks and delays.Compliance Risks: 53% of respondents find meeting payment deadlines under regulatory frameworks challenging, risking legal penalties and disputes.Technology Adoption Pays Off: Teams using Payapps are 81% more likely to meet compliance deadlines and experience fewer delays, highlighting the value of specialised digital tools.

The report also reveals that adopting digital tools significantly improves efficiency and job satisfaction. Finance teams leveraging technology report spending less time on manual tasks, freeing them to focus on strategic priorities.

A Call for Digital Transformation

With finance teams under pressure to manage growing workloads and navigate complex regulatory environments, the report advocates for adopting integrated digital solutions. Tools like Payapps, which automate and streamline progress claim processes, are identified as critical to addressing inefficiencies and retaining top talent.

“This report is a wake-up call for the construction industry,” added Giles. “Investing in technology isn’t just about efficiency; it’s about staying competitive, retaining skilled professionals, and delivering better project outcomes.”

The full report, “Building Efficient Finance Teams with Construction Technology,” is available for download here.  The survey was conducted by Payapps and included responses from finance professionals from commercial construction companies in Australia and New Zealand.   Payapps thanks their partners, including Accounting Times and Accountants Daily, for inviting subscribers to participate in this survey. We also sincerely thank our valued customers for their participation.

About Payapps

Payapps – An Autodesk Company, is a cloud-based collaboration tool for the construction industry. It helps main contractors and subcontractors simplify and streamline project progress claims and approvals, including contract variations.  A simpler and faster digital process ensures greater transparency, increased accuracy, improved compliance, reduced financial risk, fewer disputes and fairer outcomes. Payapps significantly cuts progress payment processing time, helping to meet regulatory requirements. Compliance is improved and made easier with documentation verification integrated with the approval process.Our award-winning solution seamlessly integrates with a wide range of construction ERPs and accounting software to help provide real-time data on all project payment requests and approvals.  Build Better Together With Payapps

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SOURCE Payapps

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REVIVER® CELEBRATES BLACK HISTORY MONTH AND FOUNDER NEVILLE BOSTON’S ENTREPRENEURIAL JOURNEY

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SACRAMENTO, Calif., Feb. 1, 2025 /PRNewswire/ — Reviver is proud to celebrate Black History Month and the journey of founder, Neville Boston — from creating the world’s first digital license plate to becoming the first Black-founded technology jersey patch partner among the NBA.

“Together, we’re pushing the boundaries in how we create solutions that reflect our diverse communities.”

This year’s Black History Month is shining a light on African Americans and the intersection of labor with the collective experiences of Black people. For Reviver’s Neville Boston, Black History Month is also an opportunity to reflect on his entrepreneurial journey in building Reviver, and to celebrate the transformative moments to come.

“When I founded Reviver, I didn’t see the RPLATE as a singular solution to one specific problem for today’s world,” said Reviver Founder and Chief Strategy Officer Neville Boston. “What we’re doing is transforming the entire car and driver experience, and we’re designing an ecosystem for the future.”

Of course, being the first of anything has its challenges, especially as a Black founder disrupting and bringing innovation to a highly regulated industry. Boston approached these challenges through relationship-building, leaning into mentors and investors such as John W. Thompson, former chairman of Microsoft and Allan Warren, and talking with everyone, including consumers and teams at the Department of Motor Vehicles.

“Reviver is built on partnerships and relationships with mentors, other entrepreneurs and investors, state and local governments, and the community,” Boston said. “It’s about building trust and creating something that benefits all involved. Together, we’re pushing the boundaries in how we create solutions that reflect our diverse communities, and we hope it doesn’t stop here. Our goal is to spark change and innovation.”

ABOUT REVIVER
Reviver is a technology company on a mission to modernize the driving experience. As developer of the world’s first digital license plate platform, Reviver products transform the license plate into a connected vehicle platform, enabling consumers and commercial businesses to digitize vehicle registration renewals and experience a growing set of personalization, convenience, and safety features, all managed through a mobile or web app interface. Reviver’s digital license plates are legal for sale in Arizona and California, along with Texas for commercial fleet vehicles. Ten additional states are in various stages of adoption. Founded in 2009, Reviver is headquartered in Northern California, and is the official patch partner of the Sacramento Kings and the official innovation partner of the Sacramento Kings and Golden 1 Center. To purchase an RPLATE click here. To learn more about the RPLATE, click here.

View original content to download multimedia:https://www.prnewswire.com/news-releases/reviver-celebrates-black-history-month-and-founder-neville-bostons-entrepreneurial-journey-302365762.html

SOURCE Reviver

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