A government-funded body's survey of Australian cyber security companies, which was conducted before the controversial encryption bill was passed but not released until late last month, reveals most firms fear the legislation will have a profoundly negative impact on their businesses.
The founder and non-executive chairperson of Senetas has warned MPs that the company, which makes high-grade network encryption products, could be forced to shift its manufacturing operations overseas if the government forges ahead with a new surveillance bill.
Some Australian IT professionals have admitted that their organisation won’t be prepared for the Privacy Act amendments which come into effect today, according to the results of a new survey.
The data breach of 49,500 audience usernames and hashed versions of passwords from the Australian Broadcasting Corporation (ABC) website Making Australia Happy should serve as a lesson for other companies that deal with personal information, according to security industry experts.
Network encryption hardware developer Senetas (ASX:SEN) swung to a $5.6 million net loss in FY11, as economic woes and project delays ate into revenue.
Network encryption company Senetas (ASX:SEN) has chosen a new reseller in Qatar.
Data security company Senetas (ASX:SEN) swung to a 1H loss of $1.5 million, as it felt the full effect of the loss of a significant contract.
Network encryption hardware vendor Senetas (ASX:SEN) has announced the resignation of chairman Alan Stockdale.
Senetas Corporation (ASX:SEN) has announced new functionality for its high-speed network encryption platform, claiming enhanced security for virtual local area networks (VLANs).
Despite announcing almost a year ago that it was signing a bulk ICT services contract with EDS and Infosys, Telstra (ASX:TLS) has waited until today to officially axe local supplier Senatas.
ASX-listed security vendor Senetas (ASX:SEN) has launched into the Philipines, via Manilla-based partner Infosight Solutions, banking that the country’s Government and financial institutions will agree on the need for greater network encryption.