Smaller financial institutions face mounting pressure to meet anti-money laundering (AML) compliance standards as regulators increasingly target firms previously considered low-priority, according to analysis from compliance technology provider Consilient.
Vanta has acquired Riskey, a specialist in realtime third- and fourth-party risk monitoring, in a move to transform how organizations manage vendor cybersecurity risks. The acquisition integrates Riskey's technology into Vanta's Vendor Risk Management platform, replacing traditional static point-in-time assessments with continuous, AI-driven risk intelligence.
Australia's corporate regulator has filed court proceedings against financial advice business Fortnum Private Wealth Limited, alleging the company failed to adequately manage cybersecurity risks that exposed thousands of clients to potential cyber attacks.
Nutrient has released its Q2 2025 Document AI SDK update, introducing artificial intelligence features designed to streamline document processing workflows as enterprises struggle with widespread AI adoption challenges.
A new industry report reveals a striking contradiction at the heart of modern business operations: while 90% of organizations view customer relationship management data as fundamental to their success, three-quarters admit that less than half of their CRM information is actually accurate and complete.
In what has been described as the most expensive email in history, a British Ministry of Defence official's accidental data breach in February 2022 has cost the UK government up to £2 billion and prompted an unprecedented two-year cover-up involving a secret Afghan resettlement programme.
OpenText has achieved a crucial Australian government security assessment for the cloud edition of its Content Management platform, formerly known as Extended ECM, potentially opening doors to more public sector contracts.
When the headlines fade after the latest mega data breach, the ripple effects are still keenly felt across enterprise and government supply chains. Many suppliers are now faced with meeting strict mandates such as ISO 27001 certification to continue doing business. When added to the demands of the new Privacy Act and Essential Eight cybersecurity framework, the compliance challenge is becoming enormous.
Australia faces an information crisis. The Australian National Audit Office estimates that 93% of government agency records are "unsentenced" - meaning retention schedules cannot be applied - up from 63% in 2019. This dramatic deterioration coincides with the widespread adoption of cloud-based, in-place management systems like SharePoint.
Australian organizations are rapidly embracing digital transformation and artificial intelligence, but their legal and governance frameworks are failing to keep pace with technological advancement, according to a comprehensive new survey by law firm Maddocks.
