BRIEFS

The article says hackers used a highly targeted, plausible email phishing trick in 2011 to penetrate six RBA staff computers. The Reserve Bank said no information was stolen at the time and declined to comment on where the attack originated or what information may have been sought.

According to the article, the RBA stated that no information was stolen at the time of the attack, but the bank declined to provide further details about the origin of the attack or the specific information the hackers sought.

The article highlights that even major financial institutions can be targeted by sophisticated phishing attacks. For investors, it’s a reminder to consider cybersecurity risk when evaluating institutions and to watch company disclosures and incident responses for potential operational or reputational impact.

The article reports that Facebook — described as the world’s largest social network and publicly listed — admitted to not having a clear business model. The comment “We’re building the plane in flight” was made by Facebook’s global customer marketing lead in Australia, Andy McKeon.

The article simply reports the candid remark. For investors, such a statement can signal execution or revenue-model risk, so it’s sensible to monitor Facebook’s revenue strategy, quarterly results and management commentary rather than jumping to conclusions based on a single quote.

Xero has appointed Stuart McLean as its new chief revenue officer. McLean was head of enterprise at Google Australia and has previously worked at NetSuite and Oracle. He will be responsible for overseeing Xero’s global sales.

The article notes Xero’s recruitment of an experienced enterprise-sales executive from Google, which could strengthen its global sales leadership and execution. Investors in cloud accounting companies often watch senior hires like this as a potential signal of management focus on growth and enterprise sales.

The article illustrates the value of following official company announcements, reputable business news sources and regulatory filings. Investors should look for company statements and verified reports to understand the facts and any disclosed impacts before making decisions.