Articles

ASIC and OAIC sign information agreement

The Australian Securities and Investments Commission (ASIC) and the Office of the Australian Information Commissioner (OAIC) have signed a Memorandum of Understanding (MoU) for the sharing of data and privacy breach information.

Data Breach costs soar to Record Highs: IBM

Australian businesses are facing unprecedented financial risks from data breaches, with the average cost reaching a record AUD $4.26 million in 2024, according to IBM's annual Cost of a Data Breach Report, a 27% increase since 2020.

GenAI Hallucinations Slow Down Industry Rollout

Manufacturing companies are scaling back their plans to deploy to Generative AI initiatives amid increasing worry about the models sharing inaccurate information, a new study has found.

LLMs and RAG ushering the Next Era of IDP

Document automation has become a key tool for enterprises to improve efficiency and reduce costs. With the rise of generative AI in late 2022, Large Language Models (LLMs) like GPT, Gemini and Llama have demonstrated immense potential in document automation processing.

Victorian Office of Public Prosecutions takes on Appian

The Victorian Office of Public Prosecutions (OPP) has implemented a new matter management system, 'Amicus', on the Appian AI Process Platform. The solution leverages Appian's data fabric and process automation technology suite to accelerate prosecutions. Using Appian, the OPP anticipates a productivity gain of over 10% annually.

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