5 Ways Technology is Shaping the Future for Financial Planners
ONGC Systems Blog
by Steve Dawson
1w ago
Did you know that Xerox PARC invented one of the first personal computers? That Kodak developed the world’s first digital camera? That Nokia was the global mobile phone leader from the 1990s till the early 2000s?  Each of those brands got left behind for various reasons, including the failure to embrace technological progress.   A revolutionary digital transformation for financial services is happening in Australia. Regulatory changes, a tech-savvy clientele, and the rise of financial technology (fintech) are driving financial services firms toward a future that is more client-c ..read more
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AI’s Social Impact: Copilot Prompts and Use Cases for NFPs
ONGC Systems Blog
by Steve Dawson
1M ago
Not-For-Profit organisations (NFPs) are on a mission to make a difference. In the context of rapid technological advancement, innovations like Artificial Intelligence (AI) are becoming increasingly crucial in helping them achieve their mission.   Copilot, Microsoft’s AI tool, stands out as one of the latest AI-powered software. Let’s dive right into the practical ways that it can enhance the social impact of Nonprofits:  Why Microsoft Copilot is Ideal for NFPs How is Copilot a Game Changer for Nonprofit Organisations Practical Use Cases and Suggested Copilot Prompts for NFPs Ne ..read more
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AI in Cybersecurity: Opportunities and Privacy Implications
ONGC Systems Blog
by Steve Dawson
2M ago
When hackers start attacking a password management app, you know that cyber security should become a top priority for everyone! In April, it was revealed how malicious actors used Artificial Intelligence (AI) to craft a fake audio that mimicked the voice of LastPass’ CEO in an attempt to entice an unsuspecting staff member. But the attack failed, thanks to the employee’s keen instincts and LastPass’ security protocols.  Whilst AI can be used with malicious intent like in the example mentioned above, we should start using AI to protect our businesses. “The organisations and individuals fig ..read more
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8 Things You Need to Stop Doing & Start Automating
ONGC Systems Blog
by Steve Dawson
3M ago
Business efficiency and productivity are crucial for achieving sustainable growth and profitability. Unfortunately, Australia’s productivity trend has experienced a decline. Whilst multiple factors are at the cause of the issue, with this article we would like to address Business Process Automation (BPA) as a way to enhance productivity. So, how can automated processes improve your efficiency and productivity? What are the tasks you could stop doing and start automating? Read on or jump ahead to any subtopic below: Advantages of Automation in Business Streamlined Administrative Processes Reli ..read more
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Security Alert: CVE-2024-23225 and CVE-2024-23296
ONGC Systems Blog
by Steve Dawson
5M ago
Please note that two new vulnerabilities have been discovered that affects Apple devices running iOS and iPadOS. These vulnerabilities can be exploited by malicious actors to gain unauthorised access, compromise sensitive data, or disrupt normal operations. Vulnerability Name CVE-2024-23225 and CVE-2024-23296 Severity CRITICAL CVSS 9.8 Affected Products Apple iPhone and Apple iPad Description: CVE-2024-23225 – A memory corruption issue in Kernel (the computer program at the core of the computer’s operating system). An attacker with arbitrary kernel read and write capability can exp ..read more
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Security Alert: Connectwise ScreenConnect
ONGC Systems Blog
by Steve Dawson
5M ago
Please note that a new vulnerability has been discovered that affects the application “Connectwise ScreenConnect”. This vulnerability can be exploited by malicious actors to gain unauthorised access, compromise sensitive data, or disrupt normal operations. Connectwise ScreenConnect is used by ONGC Systems for remote access to managed devices. Vulnerability Name CVE-2024-1709 Severity CRITICAL CVSS 10 Affected Products Connectwise ScreenConnect Description: ConnectWise ScreenConnect 23.9.7 and prior are affected by an Authentication Bypass Using an Alternate Path or Channel vulnerab ..read more
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Security Alert: Microsoft Outlook
ONGC Systems Blog
by Jerome Coco
5M ago
Please note that a new vulnerability has been discovered that affects the application “Microsoft Outlook”. This vulnerability can be exploited by malicious actors to gain unauthorised access, compromise sensitive data, or disrupt normal operations. Vulnerability Name CVE-2024-21413 Severity CRITICAL CVSS 9.8 Affected Products Microsoft Office 2016 Microsoft Office LTSC 2021 Microsoft 365 Apps for Enterprise Microsoft Office 2019 Description: Successful exploitation of this vulnerability would allow the threat actor to bypass the Office Protected View. A threat actor who has success ..read more
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Is Your Business Ready for Artificial Intelligence? A Checklist for Business Owners
ONGC Systems Blog
by Steve Dawson
5M ago
The mind boggles when you really start to consider the possibilities with AI and Automation; especially when you consider what day-to-day life might look like in a decade’s time. One thing is for sure, the way we live and work will be very different and we’ve already started to see several substantial advancements in the last 18 months alone.  Whilst you might imagine yourself in a Bourne Ultimatum movie, the truth is that it may not be as much of a pipe dream as you may have once thought. With the pace of change in this space, businesses of all sizes now have access to game changing AI a ..read more
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3 Things You Need to Know About the AI-Driven Cyber Security Landscape
ONGC Systems Blog
by Steve Dawson
7M ago
Since Reaper (the first antivirus software) chased and deleted Creeper (the first virus on the ARPANET) in the 1970s, digital protection has never stopped evolving and threats multiplying. A total of 2,784 Australian data breaches have been recorded since the start of 2020. Although the number seems to have slightly decreased in 2023, the magnitude of these attacks grows bigger year on year with up to 69 million individuals affected.  Artificial intelligence (AI) now plays a major role in the cyber war. The evolution of AI might be making it harder to stay protected against attacks but it ..read more
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10 Ways to Transform Your Business with AI and Automation
ONGC Systems Blog
by Steve Dawson
7M ago
Recent findings from the Australian Bureau of Statistics show that spending for Research & Experimental Development (R&D) was highest in professional, scientific, and technical services. The industry used 38% of that in Information & Computing Sciences. What is behind this trend? Tech innovation produces results. Accountants Daily noted: “With efficiencies gained from technology adoption, successful [accounting] firms are able to prioritise proactive client engagement, new business generation and growing their advisory services.” Legal services are looking to use litigation, transa ..read more
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