Equinor Abandons $200 Million Plan Citing Lack of Commercial Viability

For your free ISO 14001 - Environmental Management Gap Analysis Checklist, Click here Norweigan oil company Equinor has announced it will abandon its controversial plan to drill for oil in the Great Australian Bight, stating that the plan didn’t make sense commercially. In late 2019, Equinor was given formal environmental approval to drill 372 kilometers off the Nullarbor coastline, but has now given up on the plan. The Norweigan government is a majority stakeholder of the company, with a 67% share. Jone Stangeland, Equinor’s country manager has released a statement stating that “following a holistic review of its exploration portfolio, Equinor has concluded that the project’s potential is n

The Most Valuable Business Lessons Found in the Journey, Not the Destination

You don’t learn the valuable lessons by reaching your destination, you find them on your journey. Let’s talk about embracing the journey of improvement, changing perceptions and not skipping over the most important parts. It’s a cliche thrown around too often, however, there’s a reason why we’ve been told from an early age to love the journey, not just the final destination. I’ve been lucky enough to work in a space that allows me to see how others go about their day operating a business, observe from the sidelines what works, what doesn’t, and how different leaders - and their perceptions about the business world - can both help and hinder that business. Prolific writer Seth Godin once said

Google Set to Move UK Users’ Out of European Jurisdiction: Report

For your guide on how to implement ISO 27001 - Information Security Management System - click here. “Never discount the desire of tech companies not [to] be caught in between two different governments,” - Lea Kissner Reports are emerging that Google is putting together a plan to move the accounts of its UK users out of the European Union’s jurisdiction, meaning the company would not be obligated to meet the demands of privacy regulators and theoretically, even general data protection regulation. The move is a sign of things to come for a number of technology companies in the aftermath of Brexit, whilst dealing with pressure from the EU to adhere to the GDPR. The news comes via Reuters citing

Workplace Fatality Rate Stagnates While Suicide Rate Increases Dramatically

Click here to discover the benefits of our ISO 45001 Training Course The rate of workplace fatalities in the U.S. has remained relatively unchanged in the past year, while there has been a dramatic increase in the rate of suicides. The data comes from the U.S. Bureau of Labor Statistics, who released its latest report just a few weeks ago, detailing the national census of fatal occupational injuries. The report explains that “there were 5,250 fatal work injuries recorded in the United States in 2018, a 2 percent increase from the 5,147 in 2017.” “The fatal work injury rate remained unchanged at 3.5 per 100,000 full-time equivalent workers.” While the fatality rate remained unchanged, the rat

MGM Casino Hack Hits 10.6 Million Guests

For your free ISO 27001 Information Security Management System Gap Analysis Checklist, Click here. More than 10 million guests of the MGM Casino in Las Vegas have been implicated in a wide-sprawling data breach that hit the hotel several months ago. News of the data breach was first broken by ZDNet’s Catalin Cimpanu who says that the personal information of more than 10 million guests was published on a hacking forum discovered earlier this week. “Besides details for regular tourists and travelers, including in the leaked files are also personal and contact details for celebrities, tech CEOs, reporters, government officials and employees at some of the world’s largest tech companies.” The da

The Real-World Cost of Bad Hires

For more information on how to streamline the recruitment process and find tailor-made applicants for your role, click here to find out more about Best Practice Talent I’ve found that one of the biggest challenges in operating an organisation isn’t necessarily the day-to-day challenges you face, it’s finding the right people to help you fight the onslaught. Building up a team filled with A-players is one of the most important objectives early on in the process, but it’s no easy feat. The person sitting in front of you in the interview, the potential candidate might seem like they’ve got more than the necessary skills to do the job, but there’s a lot that can change in the first few weeks and

Agency in Charge of White House Communications Hit By Cyber Attack

For your free ISO 27001 Information Security Management System Gap Analysis Checklist, Click here. Reports are emerging that the agency responsible for securing the top-secret communications in and out of the White House have been hit by a cyber attack. The Department of Defense has confirmed that the network belonging to the Defense Information Systems Agency (DISA) were breached by an unauthorised third-party, exposing the personal information of as many as 200,000 people. The department’s vision is to be “the trusted provider to connect and protect the war fighter in cyberspace,” and has 8,000 military and civilian employees. The data accessed on those 200,000 individuals is said to be th

Study: Altitude Change to Reduce Contrails Could Reduce Airline Industry’s Emissions by 59%

Click here for your free ISO 14001 Environmental Management Gap Analysis Checklist. A recently published study from a team of scientists purports that if just 2% of the world’s scheduled flights changed their flight paths to reduce contrails, the result would cut the airline industry’s carbon footprint by more than half. The study was published by a collective of scientists from the Imperial College London, which can be viewed here, and states that reducing contrails - the ice cloud formed by an aircraft as water vapor condenses around small dust particles - is central to the problem-solving. Contrails act to both reflect the sunlight entering the earth’s atmosphere when they’re frozen, but

Understanding the Growth Mindset & Dismissing Common Misconceptions

Why are some leaders resolute in the face of failure, while others flee? The work of Professor Carol Dweck sheds some light on the question. Carol Dweck is a Professor of Psychology at Stanford University, whose body of work has explored the spectrum of mindsets out there in the face of a challenge, a tragic event and massive successes. She’s noted in her book that as a young researcher, she was fascinated while observing young children, and how they reacted differently when presented with a problem; some faced it head-on, while others ran away and hoped the problem would disappear. “I’ve always been interested in why some children wilt and shrink back from challenges and give up in the face

A 40-Year-Old Is Twice As Likely To Start A Successful Business Than a 25-Year-Old

“The longer you’ve been around, the better your odds.” Research published by a group of researchers using census and tax data purports to show the ideal age of starting a successful business, dismissing many of the preconceptions that youth is advantageous when starting up a business. “There’s this idea that young people are just more likely to have more valuable ideas,” mentions Benjamin Jones, professor of strategy at the Kellogg School who spearheaded the study. “If you look at age and great achievements in the sciences in general, it doesn’t peak in the twenties. It’s more middle-aged,” he said, suggesting that top Nobel Prize winners didn’t earn their breakthroughs until later in life.

General Motors Axes Holden in Pivot to Electric Vehicles

For more information about a quality system aimed at environmental sustainability, check out our ISO 14001 homepage. General Motors has announced the axing of Australian subsidiary, Holden, as the manufacturer looks to underpin its portfolio with autonomous and electric vehicles. The announcement came via interim chairman and managing director of GM Holden’s operations in Australia, Kristian Aquilina, who told the media at a press conference that the Holden brand is set to be retired in 2021; stopping sales, design and engineering operations. “This is a tough day for the Holden family,” he said, stating that “challenging circumstances” and “multiple discussions” with head office in the US ha

Gas Pipeline Stops Operations After Cyber Attack

Click here to discover the benefits of an ISO 27001 Information Security Management System from Best Practice Certification. The Department of Homeland Security in the United States has revealed that a cyberattack has hit a gas pipeline operator, which forced it to cease operations for two days. Cybercriminals successfully launched a ransomware attack on the unnamed natural gas compression facility, and the Department’s Security Cybersecurity and Infrastructure Security Agency (DHS CISA) has since released some details on the nature of the hack. The agency has said that the ransomware attack occurred shortly after “a cyber threat actor used a spearphishing link to obtain initial access to th

Amazon CEO Jeff Bezos Pledges $10 Billion For Climate Initiatives

For your free ISO 14001 Environmental Management Systems Gap Analysis Checklist, Click here. Amazon’s founder and CEO, Jeff Bezos has announced a $10-billion pledge to help fight climate change which will begin rolling out in just a few month’s time. The announcement came via Bezos’ Instagram account where he announced that as the world’s richest man, he feels somewhat obliged to contribute to the research and initiatives that are attempting to tackle climate change head-on. Jeff Bezos is currently the world’s wealthiest man, with an estimated net worth of around $130 billion; his $10-billion pledge represents around 8% of his fortune. “Today, I’m thrilled to announce I am launching the Bezo

Construction Giant Quits Australian Solar Sector; “We’re Out”

For your free ISO 14001 Environmental Management System Gap Analysis Checklist, Click here. The Downer Group, a massive construction firm and one of the largest contractors in Australia has announced it will cut ties with the solar business, citing difficulties and shortfalls in current renewable technologies. The news came via CEO of the Downer Group, Grant Fenn, who told analysts in a phone briefing on the company’s six-monthly earnings. “We’re out of solar,” he said, adding that the market was drying up, particularly in the past twelve months. This was reflected in the company’s six-monthly report, with profits down a reported 35%. “Developers, contractors and bankers all struggle to come

Recession-Ravaged Puerto Rican Government Duped By Phishing; Transfers Millions To Cybercriminals

For your free ISO 27001 Information Security Management System Gap Analysis Checklist, Click here. The Puerto Rican government has released details of a recent email phishing scam that resulted in cybercriminals walking away with a payday in the millions, at a time where the US Territory is facing a near recession. The country’s finance director, Ruben Rivera has issued a report to the police earlier this week, stating that his agency had sent $3.8 million to a fraudulent account after a successful email phishing attack on staff members. Rivera confirmed that the agency transferred the funds on January 17th, after it had received an email requesting a change of bank account details attached

Cosmetics Giant Estèe Lauder Leaks Data on Almost Half a Billion Customer Records

For your free ISO 27001 Information Security Management System Gap Analysis Checklist, Click here. Security researchers have discovered a freely-accessible database of Cosmetics giant Estèe Lauder with 440 million records found in plain text online. Estèe Lauder is the parent company of a number of cosmetics brands, including Bobbi Brown, Clinique, M.A.C., Smashbox, Tom Ford, Tory Burch and Aerin Beauty. Jeremiah Fowler, a security analyst with Security Discovery found the database of 440,336,852 records without any password protections, making it both extremely easy to access and lucrative for a potential cybercriminal to use the details listed for targetted phishing attempts via email. In

Bill Gates Orders World’s First Hydrogen-Powered Superyacht for £500 Million

Gates is a renowned philanthropist and investor into a Californian start-up aiming to turn sunlight into a source of heating ; For your free ISO 14001 Environmental Management Systems Gap Analysis Checklist, click here. Microsoft founder, Bill Gates has become the owner of the world’s first hydrogen-powered superyacht, signaling a possible change in tact for the marine industry in terms of environmental considerations when powering vessels large and small. The news comes via a report from The Guardian who says that “tucked away below decks - two 28-tonne vacuum-sealed tanks are cooled to -253C and filled with liquid hydrogen, which powers the ship. The fuel will generate power for the two on

Why Hackers Have Small & Medium-Sized Organisations In Their Sights

Would you take the time - and risk - to hack one person, or hack one organisation with a payload in the thousands, if not hundreds of thousands? It’s no secret that in recent years, hackers are well and truly targeting small and medium-sized organisations for an easy payday. It’s a war fought on many fronts: a ransomware attack, whereby a third-party essentially locks up all your data and networks, leaving you unable to even log in until a ransom is paid. There’s entry point attacks, where your small, humble organisation could be the point of entry for hacker to gain access to one of your customers or suppliers for further financial gain. There’s phishing attempts to get access to your compa

Cryptocurrency Exchange Loses “Almost All Funds” in Hack

For your free ISO 27001 Information Security Management System Gap Analysis Checklist, Click here. A cryptocurrency exchange website has been hit with a wide-sprawling cyberattack where hackers managed to steal “almost all funds” listed on their website. Somewhat ironically, the company terms itself as “your reliable cryptocurrency partner.” The hack on the Italian cryptocurrency exchange, Altsbit, was confirmed on the company’s Twitter account yesterday, stating that “unfortunately we have to notify you with the fact that our exchange was hacked during the night and almost all funds were stolen. A small part of the funds are safe on cold wallets,” they wrote. Cold wallets refer to currencie

Study: 90% of Data Breaches Due to Human Error

For your free ISO 27001 Information Security Management System, click here. A study published by tech researchers purports that as much as 90% of the data breaches recorded in the UK over 2019 were the result of human error. The analysis comes courtesy of CybSafe, who analysed data made available from the UK’s Information Commissioner’s Office (ICO), the regulatory body that organisations are required to report a data breach so that it can be studied, and the offenders possibly prosecuted. Under GDPR legislation, organisations have a legal obligation to report these breaches to the relevant bodies, otherwise risking a fine. Of the 2,376 cyber breaches that the firm took into account from the

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