Ransomware remains the most common malware threat to small and medium-sized enterprises (SMEs). In the first half of last year alone, 61% of managed service providers (MSPs) reported attacks against their clients, sometimes multiple attacks in a single day. At the same time, says Ryan Weeks, CISO at Datto, a recent survey of over 150 […]
Archives for 2020
Netflix eyes making its service ‘more competitive’ in India
Netflix said it is looking to make its service competitive in India to attract more viewers and grow its subscriber base. This move comes at a time when video streaming services are witnessing a surge in content consumption and subscription growth as people are confined to their homes due to the lockdown. Netflix added a […]
Fixing Unwanted RMDs Taken Before The CARES Act Waiver Of 2020 RMDs
Executive Summary With the passage of the Coronavirus Aid, Relief, and Economic Security (CARES) Act by Congress last month, Americans were provided with a more-than-$2 trillion emergency fiscal relief package that included benefits for many individuals, small business owners, healthcare providers, and government entities. For financial advisors with clients who have retirement accounts or who […]
Advisers quitting pension transfers hits Gold Standard
More than 1,300 financial advisers have signed up to the Pension Transfer Gold Standard in the past 12 months but the number re-registering is set to fall as disillusioned advisers quit the market. The Gold Standard is a set of nine principles for advisers and a consumer guide. It was launched in April 2019 by […]
Contact tracing in industry: Why we need ultra-precise Wi-Fi-based local positioning systems
As we consider re-opening broader segments of society in the wake of COVID-19, it is imperative that we implement comprehensive “Test and Trace” schemes, especially for industrial and commercial spaces, says Vikram Pavate, CEO of Locix Inc. While various testing methods are being scaled successfully, the current contact tracing process is manual, tedious and inefficient. […]
Macy’s weighs raising as much as $5 billion in debt to weather coronavirus crisis
The entrance to a Macy’s department store. Jeffrey Greenberg | Universal Images Group | Getty Images Macy’s is taking extreme measures to avoid dire outcomes like bankruptcy, and will try to raise billions in debt to weather the pandemic crisis, according to people familiar with the matter. The country’s largest department store is looking at raising […]
In crisis, some start-ups are surging — and saying ‘no thanks’ to hungry investors
Talkspace co-founders Roni and Oren Frank Talkspace Oren Frank’s business is exploding. But he’s not celebrating. Frank is the CEO of Talkspace, a company he co-founded eight years ago with his wife, Roni, to provide therapy over the internet for people in remote areas and those who can’t afford traditional psychotherapy. Traffic has doubled since […]
In crisis, some start-ups are surging — and saying ‘no thanks’ to hungry investors
Talkspace co-founders Roni and Oren Frank Talkspace Oren Frank’s business is exploding. But he’s not celebrating. Frank is the CEO of Talkspace, a company he co-founded eight years ago with his wife, Roni, to provide therapy over the internet for people in remote areas and those who can’t afford traditional psychotherapy. Traffic has doubled since […]
Kitchen utensils listed for sale on Amazon India
Amazon India is accepting orders for kitchen utensils, flasks, induction cooktops among other goods, even as the government has not lent such items the ‘essential’ tag to make them more widely available to consumers amid the lockdown. The company said it was a glitch after the government rolled back its decision to allow e-commerce players […]
Your top JobKeeper and STP queries answered
This article was published on 22 April 2020. As the COVID-19 situation continues to develop, you can find the information you need on government support at the ATO’s dedicated page. Now more than ever, it’s an excellent time to reach out to an accountant or bookkeeper to help navigate the subtleties of your setup. Every […]