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For example, when Brian O’Malley - a partner at Accel - spent some time looking at some data, he found that the data didn’t really conform to popular perceptions about millennials. And plenty of data about what millennials think about careers and jobs, or even the best places for millennials to work.Īll this data is useful, but it’s also inconclusive. It’s also “probably one of the most studied generations to date” - so much so that there’s a constant stream of findings about millennials and the upcoming presidential election. It’s well documented that millennials overtook baby boomers as the largest living generation in the United States this year. Qualtrics and Accel have come together to survey over 8,000 millennials, Gen Xers and boomers worldwide to deepen our understanding on generational views across a wide range of topics. Read more from Tenable 2017 Global Cybersecurity Assurance Report Card This heightened technological complexity creates even more opportunity for attackers to exploit gaps in security coverage, leaving all organizations vulnerable to compromise and breach, regardless of the size of their security investments. These challenges are further complicated by the constantly evolving and expanding threat landscape – the number one challenge for security pros for the second consecutive year. Overwhelming Threat Environment Remains Top Challenge A notable concern includes failing grades in Risk Assessment scores for containerization platforms (52%), DevOps environments (57%) and mobile devices (57%). Respondents ranked Risk Assessment for cloud and mobile among the biggest current enterprise security weaknesses worldwide.
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Key Security Weakness: Emerging Technologies The average overall score, 70%, represents a six percent decline from last year. Read More on Medium Reflecting on 2016 and Looking Ahead to 2017Ĭollectively, participants scored just 61% on the Risk Assessment Index, a drop of 12% from 2016, and 79% on the Security Assurance Index, which remains unchanged. However, Szetho added that the exemption criteria could be loosened even further to include more products, citing research from The Fold Legal that just two of the 15 businesses currently testing in the UK sandbox would be eligible for a licence waiver in Australia.Startups that do not qualify for the sandbox can apply for an individual exemption, although, as the AFR noted, the assessment criteria for such applications are not widely publicised. Chief executive of industry body FinTech Australia, Danielle Szetho, told Business Insider the ASIC announcement was “a good start”, saying red tape involved in licensing can be debilitating for startups. Some services specifically ruled out that startups are active in are marketplace lending platforms and consumer lending. Products eligible for the sandbox include deposits, payments, certain types of insurance, securities and consumer credit contracts, each with dollar limits.
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There is no cap on the number of wholesale clients and the total customer exposure must be no greater than $5 million.
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The Australian Securities and Investments Commission has announced “class waivers” that let certain fintech businesses to test specific products withouth a financial services or credit license.ĪSIC commissioner John Price said the new licensing exemptions, which effectively provide a sandbox environment for companies starting out in the financial sector, are internationally unique.The licensing exemption allows startups that meet certain consumer protection conditions and notify ASIC before commencement of testing to trial specified services for up to 12 months with a maximum of 100 retail customers.