Finding Professional Financial Advisors

The financial advisor refers to any person registered with the Australian Securities Exchange corporation (ASX), as an advisor. They are registered with the ASIC, and are engaged in the financial field. They may have a Bachelor of Business Administration or a Bachelor of Science in Business and Securities. Their professional experiences range from being a chartered accountant to being self-employed. A Financial Advisor Melbourne can be self-employed but is more often than not employed by financial institutions.

As already mentioned that a Financial Advisor Melbourne refers to any individual registered with the Australian Securities Exchange Corporation (ASX). However, not all financial advisors are licensed to practice. Therefore, it is important for you to confirm with the regulatory body governing the practice of financial advisors in your state. In most cases, there are two types of regulatory bodies in Australia. There is the prudential regulation body, which has tougher requirements on behalf of clients, and there is the consumer protection body, which protects the interests of the consumer. In order to become registered with the ASX, a financial advisor must be a practicing professional with at least five years experience in financial advisory services.

Professional financial advisors in Melbourne also deal with tax issues, and they usually deal with business taxation and benefits. However, some of the self-employed financial advisors are also professional tax advisors, who work exclusively with tax matters. In addition to assisting clients with tax matters, the professional financial advisors also ensure that their clients comply with other laws such as those governing the financial industry, such as those governing anti-money laundering and counter-financing. This ensures that their client’s money is safe.

It is important to note that not all professional financial advisors in Melbourne are registered with the ASIC. In fact, many people consider it unnecessary to get an expert financial advisor just because he or she is not registered with the ASIC. Some of the self-employed professionals may not have an IT diploma or professional trading experience, but they can still give valuable advice to their clients. Moreover, these professionals might not have a law background, but they can provide valuable legal and financial advice to their clients on matters such as insolvency, wills, mortgages and so on.

When choosing an accountant for your business, it is important to know if the person specializes in the area of finance or not. For instance, accounting advisers in Melbourne can help with all areas of financial planning. Other advisers in Melbourne specialize in one or two areas, which is fine if you only need a little bit of advice from them. However, if you have a large business or several branches, it is better to get an accountant that is well-versed in the field of finance.

As you can see, when choosing a professional financial advisor in Melbourne, you have a number of different options to choose from. If you want someone who is well-versed in finance, there are various ways to find them. For instance, you can search for them online, in the yellow pages, or in the classified ads. You can also ask your friends, colleagues, or neighbors if they know any professionals who can provide you with the services you need. No matter how you find a professional financial advisor in Melbourne, you will definitely benefit from the advice they can offer you on your financial affairs.

Auto Software Hacking: How It’s Done and What’s at Stake

The companies are finding huge pressure delivering the products and that might be a reason the automotive companies can’t add more value to the security. The Top manufacturers now understand the threat of cybercrime and hacker’s attention towards Auto Software.

There are several online platforms selling car hacking tools, powerful enough to disconnect automobile immobilizers. IntSights has also discovered that the online forums and platforms are providing complete tutorials to steal vehicles and how to get into the auto software system. If your vehicle is having an auto software installed, being operated at the smartphone to unlock the vehicle, then your car’s security is at risk now! There might several autonomous features in automobiles including the collision avoidance and path corrections, operated under the assistance of software and exposed to attack anytime.

An Auto Software Hacker Could Steal Your Car Easily

Car hacking is undoubted, not a new story. About 4 years ago, the breaking news on third party unauthorized access to unlock the automobiles remotely was in the business. The concerning problem has potentially affected many brands make and model, while these companies have to re-empower their security system towards a more improved and secure version.

Hacking is a reality

There are set documents and theories developed by the hackers, to hack a certain product or attack a certain industry. The concepts like social engineering have really empowered the world of hacking. The modern hackers are now more sensible, familiar with the current hacking algorithms and can control almost every automated system of the car. The car manufacturers are much aware of the current hackers’ attention and improving their security systems.

Do you think that automation in the Automobile industry has really improved the security to the vehicle or it’s like providing a juicy corner to the modern hackers? What do you think?

The grey areas of Automated Vehicles – The Experiment

All the remote sensors, automated systems and other security elements connected through any internet/wireless mode are the grey areas and vulnerable to attack. Three years ago, in an experiment, a Jeep Cherokee was under consideration, smartly controlled and unlocked by the hackers. The automotive hacker has gained complete access to the car’s controls by its infotainment system. This experiment has set a new challenge for the automotive industry.

The cybersecurity is a complete domain, while hacking is another one. The hacker’s fundamental approach is to enter into the system by finding its loopholes, gaining an authorized access and then controlling the complete unit. The hacking industry has developed several different practices but frankly speaking, it’s a completely subjective approach!

The Cybersecurity weaknesses can easily affect a company’s operations. The Fiat Chrysler Automobiles were recalled a few years ago by the cybersecurity cell, portrayed that they could easily gain access to most of the crucial parts of the jeep, including the engine too.

Autonomous vehicles Security needs much attention now!

The world is at high alert now, especially the automotive industry. The vision to automate the vehicle system is at one side, but the automotive cybercrime has raised new questions and set even complex goals even. Some days ago, Google’s Waymo had the green signal to operate in the Phoenix area – The test drives are in the news always but the Google needs to think about the mainstream hacking challenges too!

The vehicle telematics industry is striving to boost the systems, integrating and developing the new technologies to counter hacking. Moreover, the trend of automating the cargo trucks and long vehicles is at a rapid phase and this portion of the automotive sector needs much more attention.

Can we expect a world without automated vehicles now?

Well, this is now hard to think even. The technology has surrounded the entire globe, especially the world witnessed a radical shift in the automotive industry. The status of the cars, goods and the cargo can be tracked in real-time while modern alert systems are improving the security of the vehicles – Providing an attractive spot for the hackers too!

Remember Fast & Furious Scene – Driverless Cars Could Cause Collision and Destruction!

Do you guys remember about the Fast and Furious Scene, when the girl hacked all the auto driven cars and get massive destruction in the city? Can you guys imagine the sharp rise in people discussing about the driverless car hacking scenario? Well, this news was at breaking on most of the big platforms across the world. The automation has really improved the connectivity but it still has many security loopholes to be covered as soon as possible.

The Whole World is looking for an optimal and precise solution, where they can minimize the threat of car theft. Maybe in the future, we will witness the cars like Bentley geared up with all-inclusive automotive systems. In Dubai, Quick-Fit Auto Center is a modern car garage where you can visit for Bentley repair Dubai, even after the Bentley car will become loaded with modern automation technologies. This car garage is still practicing the latest methods to improve the repairing process and they will be at the top of the garage list, adopting the modern systems of repairing.

Automation is not a big issue so far but, it requires massive security so every automated vehicle is safe while driving and even while you park. What’re your views on the new trends in vehicle automation? The world is really waiting to enjoy fully secure self-driven cars, where they just sit inside, command and enjoy the entire ride. We can predict to practical experience this automation mode by the end of 2025.

How Internet of Things has made the Trucking Industry better?

In the year 2016, there were approximately 4,93,730 trucking companies in the U.S., as per a report by FMCSA. Even today, most of the small business owners in the U.S. are truckers. So, as this industry grows, it becomes necessary to track several statistics of this industry in real-time. Factors like the load on the trucks, time required for loading and unloading of goods, traffic on the travel routes, Tracking the vehicles in real time, etc. are important to the fleet managers and truck owners of the businesses.

The Internet of Things (IoT) plays a significant role here. It has connected sensors, electronic monitors, actuators, GPS Receivers, RFID systems, beacons, etc. with a network of physical devices, appliances, vehicles, and other items for data collection and communication. IoT in transportation and trucking industry has provided several promising solutions to develop powerful applications and systems.

Let’s look in detail about what this futuristic technology has in store for the ever-growing trucking and transportation business.

Role of IoT in the Trucking Industry!

IoT-based solutions are transforming the trucking industry in unbelievable ways. They assure better transparency, higher operational efficiency and enhanced security and ultimately increase the profit margins. Trucks which has Sensors connected, travel via different routes and at various locations sensors collect and send data to the decision-makers for the insights that help in gaining better results.

In the year 2015, Saia LTL Freight Inc., a reputed trucking company in America, had installed sensors in their trucks for tracking fuel usage, maintenance needs, and many other performance metrics. This raised the fuel efficiency of the company by 6% saving millions of dollars.

An excellent example of IoT-based solutions for trucking industry is AppWeigh. It is a specially designed mobile app which uses Bluetooth-enabled weight sensor to measure the load on air suspension trucks and trailers throughout its shipment. The truck weight is directly sent to the owners on their smartphones to keep them informed. The owners can ensure that their trucks and goods are safely and legally loaded to the destination. This app can be useful to individual truck owners as well as transportation and trucking companies as they alert the drivers and managers when the weight in the vehicle crosses the permissible limit and thereby facilitates them to take immediate action.

How IoT impacts the Trucking Industry?

Real-time monitoring:

In the trucking industry, IoT is used for tracking the real-time location of trucks, load on the trucks, condition of goods, traffic in the route, etc. IoT-enabled GPS trackers are used to continuously monitor and track the location of vehicles. This real-time data is transmitted to a central system and then updated to mobile phones using the internet. Thus, IoT allows the drivers, fleet managers or owners to respond quickly to situations like traffic jams, bad weather conditions, and re-routing the trucks, avoiding delays.

Also, when it comes to transportation of perishable goods that are environmentally sensitive, IoT devices are used to keep watch on the temperatures of goods, vibrations or shocks in the trucks, etc. For instance, a truck carrying biological and biopharmaceutical medicines need to maintain them at certain temperatures during transportation. IoT systems notify the fleet drivers and managers about the temperature changes in real-time. This keeps the medicines in good condition and also avoids any dangerous situations.

With the use of IoT, maintenance schedules of trucks can be optimized and unnecessary miles or idle times can be eliminated. This reduces the wastefulness of time and also improves fleet management.

Inventory management and warehousing:

Beacon integration, BLE connectivity, RFID tags, smart scanning and detecting sensors, etc. are used to track the products and inventory in companies. It helps in efficiently managing the warehouse space, easy delivery of the goods and automatic management of the orders. It is used to make the managers aware of the number of goods through SMS, email notification, etc. Thus, IoT contributes to improving the overall warehouse performance.

Enhanced safety and security:

IoT provides robust security services to vehicles as well as drivers and managers. Cameras and sensors help to detect dangerous and life-threatening situations like vehicle breakdown, bad weather conditions, etc., in advance and convey to the concerned personnel on their smartphones. The IoT systems also alert the drivers about the maintenance schedules of the truck in time. It keeps the trucks in good health and reduces the chances of any mishaps. These systems also help drivers to locate nearby refueling spots when the trucks reach low fuel levels.

Compliance with Government rules:

Trucks need to follow strict government regulations. As per the Electronic Logging Device mandate, the drivers need to install electric devices in their truck, which will track the working hours and activities of the drivers. As per the law, drivers cannot drive for more than 10 hours a day. Because of this law, drivers had to maintain logbooks to record their working hours. With the adoption of IoT in transportation and trucking industry, all the companies can easily comply with this law.

Retention of drivers:

IoT-linked trucks help the drivers do their jobs faster and with enhanced safety. IoT saves the drivers from paper works by automatically updating the fleet managers about the delivery timings, weight of the goods, etc. Drivers can get assistance regarding troubleshooting and service instructions when required. They can be informed in advance about changes in routes, off-duty hours, traffic timings, bad weather, etc.

Final Words:

IoT has brought incredible advancements in the trucking industry. Companies can leverage the connectivity of IoT devices for predictive and preventive analysis and streamlining different processes. Whether it is fleet monitoring, Transport inventory management, Geofencing, Remote area monitoring, monitoring traffic conditions for trucking routes, monitoring the load carried by trucks, controlling the temperatures or estimating the downtime, trucking business can manage their operations efficiently because of the adoption of IoT in this industry. IoT has proved to be a secure, reliable and cost-effective way to boost the bottom line of the trucking businesses.

This article was just like a drop in the ocean when we talk about the advantages of IoT in the trucking and transportation industry. There is a lot to discuss.