Powered by RND
PodcastsTechnologyMinterEllisonRuddWatts
Listen to MinterEllisonRuddWatts in the App
Listen to MinterEllisonRuddWatts in the App
(398)(247,963)
Save favourites
Alarm
Sleep timer

MinterEllisonRuddWatts

Podcast MinterEllisonRuddWatts
MinterEllisonRuddWatts
Welcome to the MinterEllisonRuddWatts' podcast library. Here you will hear from some of New Zealand’s leading lawyers on the latest trends, topics and issues im...

Available Episodes

5 of 54
  • Tech Suite | Digital money: Now and in the future
    Send us your feedback In this episode, Technology Partner, Tom Maasland, talks to Financial Services Partner, Jeremy Muir, about the evolving landscape of digital money in New Zealand. [01:33 – 03:37]  Jeremy begins by explaining what digital money is and the distinction between various public and private forms of money, such as fiat currencies, bank deposits, e-wallets, loyalty cards and cryptocurrencies.[03:38 – 06:57] Tom and Jeremy then focus on Central Bank Digital Currencies (CBDCs), discussing how governments worldwide, including New Zealand, are exploring these types of public digital currency options. Jeremy further explains the distinction between wholesale CBDCs, used by financial institutions, and retail CBDCs, designed for everyday consumers.[06:58 – 09:37] Tom and Jeremy discuss the Reserve Bank of New Zealand's (RBNZ) Digital Cash Project, which is exploring the feasibility of New Zealand's own "digital cash” retail CBDC. Jeremy outlines the project's four-stage timeline and highlights the significant public and industry feedback received during the current consultation phase.[09:38 – 11:57] They then consider how digital cash would operate in practice, if adopted in New Zealand. Jeremy details the key design features proposed by the RBNZ, including that digital cash would be issued by the RBNZ, exchangeable one-to-one with physical cash, and distributed through third-party providers such as Banks and Fintechs. He highlights the importance of privacy in digital cash design, aiming to maintain anonymity and accessibility while balancing regulatory requirements for financial security and anti-money laundering.[11:58 – 14:02] Tom asks how digital cash would co-exist with existing forms of digital money and physical cash, with Jeremy considering the potential interplay between these forms of currency and whether it’s time to consider retiring the traditional piggy bank.[14:02 – 16:19] Jeremy lastly talks through some of the potential implications of a retail CBDC on bank deposits, home loans, and consumers, as well as what the future holds for digital payments in New Zealand.Information in this episode is accurate as at the date of recording, 24 January 2025.Please contact Jeremy Muir of our Financial Services team if you need legal advice and guidance on any of the topics discussed in the episode.Please get in touch to receive an episode transcript. Please don’t forget to rate, review or follow MinterEllisonRuddWatts wherever you get your podcasts. You can also email us directly at [email protected] and sign up to receive technology updates via your inbox here.  Disclosure – MinterEllisonRuddWatts Partner Jeremy Muir is a member of RBNZ's advisory group in relation to development of its digital cash proposals. Additional resourcesTech Suite | Tokens of our affection (an introduction to digital assets), part oneTech Suite | Tokens of our affection (an introduction to digital assets), part twoFor show notes and additional resources visit minterellison.co.nz/podcasts
    --------  
    16:56
  • Tech Suite TM | Locked out: Navigating ransomware attacks
    Send us your feedback In this episode, Partner Richard Wells and Senior Associate Suzy McMillan from MinterEllisonRuddWatts’ Corporate and Commercial team discuss the critical issue of ransomware attacks, their impact on organisations, and the key legal considerations involved in responding to such threats.[01:24 – 02:28] Richard and Suzy observe that ransomware attacks have become a significant concern for organisations of all sizes in recent times, emphasizing the legal and operational challenges they present.  [02:29 – 04:02] Suzy explains that a ransomware attack involves the use of malicious software to encrypt an organisation's data, restricting access to critical IT systems until a ransom is paid. She highlights the growing trend of threat actors (TAs) use of tactics like exposing sensitive information to exert additional pressure on organizations.[04:03 – 06:12] Richard and Suzy talk through initial steps in responding to a ransomware attack, such as activating incident response plans, forming crisis management teams and engaging experts such as cybersecurity professionals and negotiators. Richard highlights the importance of consulting cyber insurers before taking any specific actions and also third parties such as the Police.[07:03 – 12:10] Richard and Suzy consider the practical, legal and moral implications of paying ransomware demands, including unreliable recovery, potential reputational damage, and the ethical dilemma of funding criminal activities. [12:30 – 14:03] Richard considers the New Zealand Government’s stance on ransom payments in comparison to approaches taken in other jurisdictions.  [14:04 – 16:28] Suzy then discusses legal developments in cyber incident reporting in New Zealand, including the introduction of regulations by the RBNZ and FMA, requiring various financial institutions to report the occurrence of cyber incidents.[16:30 – 19:13] Suzy and Richard compare New Zealand’s framework with Australia’s mandatory requirements for reporting ransomware payments, highlighting the establishment of Australia’s Cyber Incident Review Board as a collaborative approach to resilience against such threats.Information in this episode is accurate as at the date of recording, 25 November 2024.Please contact Richard Wells, Suzy McMillan or our Corporate and Commercial team if you need legal advice and guidance on any of the topics discussed in the episode.Please get in touch to receive an episode transcript. Please don’t forget to rate, review or follow MinterEllisonRuddWatts wherever you get your podcasts. You can also email us directly at [email protected] and sign up to receive technology updates via your inbox here.  For show notes and additional resources visit minterellison.co.nz/podcasts
    --------  
    20:10
  • Tech Suite | Surfing the AI tech wave these summer holidays
    Send us your feedback In this special episode of Tech Suite, Tom Maasland, a Partner in MinterEllisonRuddWatts’ Technology team, wraps up the year with a festive edition showcasing practical and fun ways to explore some innovative AI tools during the summer holidays.[00:20] Tom outlines the episode’s focus: showcasing a range of AI tech tools that can enrich listener’s summer activities, whether it’s holiday planning, tackling creative projects, or just sparking engaging conversation around the BBQ.[01:19] Tom firstly considers ChatGPT, highlighting its practical applications, like planning itineraries, suggesting local activities or even generating Christmas meal suggestions. He also suggests some other similar tools for listeners to try out; Claude, Mistral, Gemini, Meta AI, Hugging Face and Grok. [04:10] Tom then introduces Perplexity, a conversational search engine that is offering an alternative way to search the internet from more traditional models.[05:21] He discusses the benefits of using Notebook LM for summarizing and transforming complex documents into digestible formats such as podcasts.[06:45] Tom then suggests some fun tools that might entertain you and your family this summer, such as Character.AI and DALL-E which can create custom interactions and images.  Below are the images that DALL-E created on the basis of Tom’s prompts:“Image of a podcaster, wearing a Christmas hat, in mid conversation, with neon lighting on a dark wall.”And then: “Summer scene in New Zealand, azure water, white sand beach, kids playing cricket on the beach, an island covered with trees in the distance, picnic in the foreground and a sailing boat in the distance.”Refined further: “Could you make that a late afternoon scene, so the light is softer?”Refined further again: “This time in the style of an impressionist painter.”And lastly prompted: “set it in space, but not to be impressionist anymore.”[09:40] Tom rounds out the episode by showcasing Udio, an AI music generator, that can help create original songs for your summer playlist.  He generates this summer inspired song through the prompt – “summertime, beachtime, family and friends, alternative rock”. Information in this episode is accurate as at the date of recording, 3 December 2024.Please contact Tom Maasland or our Technology team if you need any legal advice and guidance on any of the topics discussed in the episode, or anything else.Please get in touch to receive an episode transcript. Please don’t forget to rate, review or follow MinterEllisonRuddWatts wherever you get your podcasts.  You can email us directly at techsuite@minterellisonFor show notes and additional resources visit minterellison.co.nz/podcasts
    --------  
    11:17
  • Tech Suite | Non-malicious cyber failure: Lessons from CrowdStrike
    Send us your feedback In this episode, Technology Partner Tom Maasland talks with Litigation Partner Andrew Horne, about the overlooked risks of ‘innocent’ cyber failures and key lessons businesses can take from CrowdStrike’s recent non-malicious cyber incident.[00:20] Tom and Andrew discuss the CrowdStrike software update failure. They explain how a single line of incompatible code in an update designed to enhance system security led to global IT outages and although it impacted only a small fraction of Microsoft users, the incident caused significant disruption with far-reaching consequences worldwide.[03:41] Andrew considers the potential losses and liabilities a business might face from a non-malicious cyber failure, using the CrowdStrike incident as a case study.[05:14] Tom and Andrew discuss potential challenges for insurance coverage in this situation, noting how many policies focus on criminal acts, leaving gaps in coverage for businesses in the event of a non-malicious cyber failure. [08:57] Andrew then talks through regulations, being introduced in New Zealand by the Reserve Bank of New Zealand and Financial Markets Authority that will impose disclosure and reporting requirements for operators when faced with a cybersecurity incident, whether malicious or not.[12:14] Andrew suggests strategies tech dependent businesses can adopt to mitigate risk and liability from similar incidents, including preparing detailed backup plans, implementing robust testing and phased updates, and conducting insurance reviews and contractual due diligence to understand risk exposure.Information in this episode is accurate as at the date of recording, 22 November 2024.Please contact Tom Maasland, Andrew Horne or our Technology team if you need legal advice and guidance on any of the topics discussed in the episode.Please get in touch to receive an episode transcript. Please don’t forget to rate, review or follow MinterEllisonRuddWatts wherever you get your podcasts. You can also sign up to receive technology updates via your inbox here. Additional resources Beyond cyber crime: The increasing risk of ‘innocent’ cyber failures For show notes and additional resources visit minterellison.co.nz/podcasts
    --------  
    13:43
  • Tech Suite | Insights into expert AI systems with Richard Kenyon of Datapay AI Labs
    Send us your feedback In this episode, Partner Jane Parker from our Corporate and Commercial team, talks to Richard Kenyon, Associate Director of Operations and Engineering at Datapay AI Labs. Jane and Richard discuss expert AI systems and their evolution, looking at their current capabilities and future potential. [01:13] Richard begins by explaining the evolution of expert AI systems, from fixed rule-based systems to more flexible, machine-learning-powered models, He then illustrates what an expert AI system is by way of a payroll use case from Datapay AI Labs.[03:45] Jane and Richard discuss the key differences between expert AI systems and generative AI, highlighting their reliance on up-to-date authoritative data and noting their greater factual reliability compared to generative AI models.[06:07] Jane and Richard consider how expert AI systems integrate large language models and machine learning to answer questions and reduce the chance of ‘hallucinations’.[09:07] They discuss the challenges that expert AI systems face in interpreting questions accurately and how the system ensures clarity.[13:17] Richard then explains the risks of uncertainty in expert systems and how testing ensures their reliability in specialized domains such as payroll.[15:47] Jane and Richard consider what other legal subject areas may benefit from the use of expert AI systems.[21:12] Lastly, they discuss the future of expert AI systems in a New Zealand context, considering where opportunities for development lie.Information in this episode is accurate as at the date of recording, 7 October 2024Please contact Jane Parker or our Technology team if you need legal advice and guidance on any of the topics discussed in the episode.Please get in touch to receive an episode transcript. Please don’t forget to rate, review or follow MinterEllisonRuddWatts wherever you get your podcasts. You can also sign up to receive technology updates via your inbox here. For show notes and additional resources visit minterellison.co.nz/podcasts
    --------  
    25:14

More Technology podcasts

About MinterEllisonRuddWatts

Welcome to the MinterEllisonRuddWatts' podcast library. Here you will hear from some of New Zealand’s leading lawyers on the latest trends, topics and issues impacting New Zealand businesses today. 
Podcast website

Listen to MinterEllisonRuddWatts, All-In with Chamath, Jason, Sacks & Friedberg and many other podcasts from around the world with the radio.net app

Get the free radio.net app

  • Stations and podcasts to bookmark
  • Stream via Wi-Fi or Bluetooth
  • Supports Carplay & Android Auto
  • Many other app features
Social
v7.7.0 | © 2007-2025 radio.de GmbH
Generated: 2/18/2025 - 12:23:30 AM