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.
New Zealand law firm Buddle Findlay has warned that Kiwi businesses that hold or handle the personal information of individuals in Australia must prepare for strict new transparency rules regarding automated decision-making.
Medical device manufacturer Medtronic has confirmed that an unauthorised party accessed data within its corporate IT systems, triggering incident response protocols and an ongoing investigation into the scope of the breach.
