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Showing 11 - 20 of 30 results for "fraud"

AI and ESG: risk or opportunity?

ROSE MARY PETRASS  |  THURSDAY, 25 MAY 2023  |  NEWS
... consequences. Data privacy: The increased use of big data and analytics raises ethical and legal issues related to privacy, fraud, security, and consent. Striking a balance between improving marketing strategies and respecting customer privacy is paramount. ...

Casting a wide net: ending modern slavery in fisheries

ROSE MARY PETRASS  |  THURSDAY, 27 APR 2023  |  NEWS
Seafood is one of the most traded food commodities in the world, and with an annual revenue of US$611.80 billon in 2023 the market is expected to grow by 6.23% annually to 2027. However, many consumers and investors are unaware of the risk of modern ...

Australian companies under "extreme pressure" over ESG

RACHEL ALEMBAKIS  |  THURSDAY, 23 SEP 2021  |  NEWS
... practices, and the relationship with public bodies and government contracts. Australian companies are also more exposed to fraud risks, with 44% saying they were reactive in this area, compared to 38% of G20 business leaders. Meanwhile, Diligent, a software ...

Financial institutions at risk from bot attacks: Imperva

RACHEL ALEMBAKIS  |  THURSDAY, 28 JAN 2021  |  NEWS
... service provider. Bots scrape data from sites without permission in order to reuse it, and in the case of web crime and fraud, can be used to discover account login information. Protecting account and client information is a governance matter and has ...

Three lessons when assessing ESG risks

JOSHUA KENDALL  |  FRIDAY, 25 SEP 2020  |  NEWS
... payments company, filed for insolvency on 25 June 2020 after the group revealed over-indebtedness and reported incidences of fraud. Having issued an investment grade bond in September 2019 at a yield of around 0.5%, in less than 12 months holders of ...

Why sustainability matters in real estate

CHRIS NUNN  |  MONDAY, 31 AUG 2020  |  NEWS
... adaptation. Major natural disasters. Biodiviersity loss Man-made environmental damage and disasters. Massive incident of data fraud/theft. Large-scale cyberattacks. Water crises. Global governance failure. Asset bubbles in a major economy. It is now ...

AustralianSuper names Tom Garcia head of financial crime

RACHEL ALEMBAKIS  |  WEDNESDAY, 8 JUL 2020  |  NEWS
... Garcia is responsible for complying with anti-money laundering and counter-terrorism financing responsibilities, preventing fraud and other financial crime, as well as business continuity, privacy, data governance and fund resilience. He compares his ...

Directors urged to exercise legal duties over climate risk as context evolves

RACHEL ALEMBAKIS  |  FRIDAY, 13 DEC 2019  |  NEWS
... of climate risk governance at Minter Ellison Lawyers On Tuesday, a state supreme court judge in New York cleared Exxon on fraud charges. The state attorney general had charged Exxon with misleading investors over tis accounting for future potential costs ...

Lawsuit against ExxonMobil heightens Australian directors climate risk

RACHEL ALEMBAKIS  |  FRIDAY, 9 NOV 2018  |  NEWS
... the evidentiary threshold required to discharge a misleading disclosure claim is lower in Australia. In the US, securities fraud actions brought under the securities act require proof of dishonesty or intent. Finally, the lack of judicial precedent with ...

ACSI finalist for 2018 Human Rights Business Award

RACHEL ALEMBAKIS  |  WEDNESDAY, 24 OCT 2018  |  NEWS
... introduction of the Modern Slavery Act, supply chain sourcing, gender discrimination, whistleblower protections and wage fraud. "By increasing awareness of human rights risks, advocating for improved protections and providing strategies on how companies ...