SAP has agreed to acquire Dremio, an open-source data lakehouse platform, in a bid to solve the data fragmentation problem that the enterprise software giant says is the primary reason AI initiatives fail in large organisations. Financial terms were not disclosed.
Organisations that deploy AI extensively in security operations have reduced the average time to contain a data breach by approximately 80 days and cut average breach costs by $US1.9 million, according to a new white paper published by the World Economic Forum in collaboration with KPMG.
APRA has told banks, insurers and superannuation trustees that governance, risk management and operational resilience practices are failing to keep pace with the speed and complexity of AI adoption - and has threatened enforcement action against entities that do not address the gaps.
Australia Post has partnered with AI security firm Alpha Level to apply machine learning to cyber threat detection across its national network - including systems used by thousands of licensed post offices and small businesses.
Gartner predicts that by 2028, an average global Fortune 500 enterprise will have over 150,000 agents in use, up from less than 15 in 2025, generating significant agent sprawl, IT complexity and management challenges.
