Hackers have stolen around US$6.3 billion (£4.7 billion) from the cryptocurrency exchange Binance, most of which was taken in under an hour. According to Binance, the attack exploited systems and individuals with the authority to carry out transactions involving such large sums.
Agencies that switch on Microsoft 365 Copilot may need their own controls to meet records obligations. New federal guidance warns the service can influence official work without preserving the prompts, outputs or context behind it.
A Commonwealth contract that banned offshore access to court data did not stop overseas transcribers reaching it. Australia's privacy regulator says the fault lay in an access-control error, not in the contract.
Attackers have begun running intrusions through AI coding assistants already approved on a victim's device. Their commands then inherit the trust the organisation gave the tool.
AI is often discussed in terms of what it might replace. But perhaps we’re asking the wrong question. What if its real value is not replacing human expertise, but extending what skilled people are capable of?
Organisations now have days, and sometimes only hours, to patch new vulnerabilities before AI-assisted attackers exploit them, Australia's cyber security agency has warned.
More than half of organisations have no defined way to limit what AI agents can access, or simply give agents the same access as humans. Gartner says chief information security officers (CISOs) should now treat every frontier AI deployment as an insider risk.
Phishing emails are now carrying two attacks in one message. One targets the person reading the email; the other targets the AI assistant that summarises, prioritises or acts on it.
A purge of legacy systems across Australia’s federal government would likely cost billions and remains unlikely. Still, the OpenAI Medicare breach has prompted an immediate stocktake of the outdated technology agencies run.
Nearly nine in ten senior executives believe a data sovereignty failure could cost them their jobs. Yet almost two thirds of their organisations have no formal sovereignty strategy, new global research shows.
Free market enthusiasts have long argued that private industry does things more efficiently than government. New research into data breach notifications in Australia provides a stark illustration.
Always-on AI agents that run on their own cloud computer are rolling out in ChatGPT. In organisations, they can be issued their own identity and credentials.
Australia’s Medicare system manages health and medical data for over 27 million people. So it makes sense there has been widespread shock at the news it was hacked by an OpenAI agent in June.
New Zealand's Privacy Commissioner has used compliance notices to dictate how a health agency must vet, contract with and monitor providers holding patient data. The move follows a breach affecting around 99,416 people.
Suncorp is projecting annual savings of 68,000 hours of manual effort after using AI to classify and name workers compensation claim documents. Daily document naming corrections have fallen by around 45%.
FOI refusals on workload grounds are more likely to hold up when the agency's estimate is itemised, sampled and tied to the records' real complexity. That is the lesson of 'BBP' and Department of Foreign Affairs and Trade (Freedom of Information) [2026] AICmr 74, according to law firm Holding Redlich.
