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1 month ago | 
aicd.com.au | Elise Shaw
Cyberattacks are escalating in speed and sophistication. Employees susceptible to social engineering have proved vulnerable, despite organisations working to strengthen their cyberattack defences, according to the CrowdStrike 2025 Global Threat Report. Adversaries target workers and systems lacking modern security controls. Once inside, they move across networks to execute attacks. The fastest breakout observed took just 51 seconds, with an average of 48 minutes, says the report.
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1 month ago | 
forbes.com.au | Shivaune Field |Mark Whittaker |Elise Shaw
Published on February 25, 2025 Sixty-six per cent of organisations in Australia are under-prepared to manage their workforce, according to Deloitte. That risk is compounded by the prevalence of contracted labour and reliance on simplistic digital tools. “I am an efficiency freak and I hate waste,” Matt Smith tells Forbes Australia.
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2 months ago | 
forbes.com.au | Mark Whittaker |Mary Whitfill Roeloffs |AJ Ignacio |Elise Shaw
Published on February 8, 2025 Shelley Sullivan stepped down as CEO of MCoBeauty on Friday, after selling the business at a valuation “north of $1 billion” to DBG Health’s Dennis Bastas. She will be joining top Los Angeles talent agency, Creative Artists Agency, on their roster of talent.
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2 months ago | 
aicd.com.au | Elise Shaw
Boards should critically review their organisation’s current approach to detecting and preventing foreign bribery and corruption. New laws will see a fundamental shift in the way organisations can be prosecuted for bribery in Australia, including a greater risk of exposure to automatic criminal liability. The Crimes Legislation Amendment (Combatting Foreign Bribery) Act 2024 (Cth) came into effect in September 2024.
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2 months ago | 
aicd.com.au | Elise Shaw
In response to the rapidly evolving cyber threat landscape and increasing regulatory focus, the AICD and Cyber Security Cooperative Research Centre (CSCRC) have released significant updates to the Cyber Security Governance Principles. Since its release in 2022, the AICD Cyber Security Cooperative Research Centre (CSCRC) Cyber Security Governance Principles has become the AICD’s most downloaded resource and a leading source of board-level guidance on cybersecurity in Australia.
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Dec 7, 2024 | 
forbes.com.au | Shivaune Field |Elise Shaw
Published on December 8, 2024 Australian government labour data shows that just over half of employers looking to fill positions found it difficult to do so in October. The most common reason cited was a lack of suitable candidates. From the prospective employee’s perspective, ‘undesirable working conditions’ were listed as the greatest concern.
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Dec 1, 2024 | 
aicd.com.au | Elise Shaw
A rapidly evolving governance landscape has meant boards face increasing pressure from a range of different stakeholders, regulatory bodies and increased societal expectations around governance, according to Sarah Graff, head of strategic accounts at BoardOutlook. “With growing emphasis on transparency, sustainability and accountability, the role of the board has become more complex and more demanding for directors,” Graff told a recent AICD webinar.
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Oct 29, 2024 | 
aicd.com.au | Elise Shaw
Approaches to diversity, equity and inclusion (DEI) are also limiting innovation. Organisations that do it well are known to consistently produce superior business outcomes including innovation, according to Gartner. However, the overall confidence of Australian employees in their organisation’s DEI initiatives is at the lowest point recorded by Gartner in 2Q: 2024 — 61.9 per cent.
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Oct 28, 2024 | 
aicd.com.au | Elise Shaw
Essential steps to take if you are offered the opportunity to become chair of a board. This is an edited version of the discussion from a recent AICD webinar. There are a number of essential steps to take once you are identified as a potential candidate for a chair position on a board. Prior to accepting the role, do your own due diligence. “I’d want to see the financials,” says Dr Vanda Fortunato FAICD, chair of Southern Metropolitan Cemeteries Trust.
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Oct 21, 2024 | 
forbes.com.au | Mark Whittaker |Robert Hart |Elise Shaw
This story featured in Issue 13 of Forbes Australia. Tap here to secure your copy. The minor scratch had festered, and a red line was streaking up the leg of a retired fund manager now known in the scientific literature as “Patient X”. The bacteria causing the ulcer were not responding to antibiotics, so Patient X was facing a long stretch in hospital, painful debridement, acute care and, in the second-worst-case scenario, amputation. But Patient X, 71, had experience in the med-tech space.
