A major cybersecurity incident at Sydney-based asset finance technology company youX has exposed the personal and financial records of 444,538 Australian borrowers, with a threat actor claiming to have exfiltrated 141 gigabytes of data from an unsecured cloud database.
Australian government entities have achieved strong protective security compliance results in 2024-25, but critical gaps in technology and cyber maturity remain unresolved, two landmark reports show.
Australian fixed-income specialist FIIG Securities has been ordered to pay $2.5 million in penalties after cyber security failures exposed 18,000 clients to a data breach that saw 385 gigabytes of confidential information stolen.
Nearly one-third of employees use unsanctioned AI agents for work tasks, creating security vulnerabilities most organisations cannot address, a new Microsoft report reveals.
The Department of Home Affairs and AUSTRAC have announced transitional rules providing existing reporting entities a three-year period to transition customer due diligence obligations under Australia's reformed anti-money laundering regime.
Sydney-based data governance platform RecordPoint says it is now processing more than 15 million data transactions per day - up from six million a year ago - as organisations accelerate AI adoption and tighten compliance controls
Blacktown City Council has become one of 16 NSW councils deploying artificial intelligence tools to handle planning enquiries. DAISY (Development Application Information System) is an AI-powered digital assistant that provides 24-hour access to planning information and guidance.
Government agencies pursuing conversational AI for service delivery face significant citizen adoption barriers, with only 2% of citizens choosing AI chatbots as their first-choice channel, according to new Gartner research.
More than three-quarters of Australian organisations now use artificial intelligence to manage payroll compliance, according to new research examining responses to wage theft reforms.
OpenText has appointed former IBM Americas President Ayman Antoun as chief executive, ending a six-month search following the abrupt departure of long-time CEO Mark Barrenechea.
