The Australian Securities and Investments Commission (ASIC) has launched legal proceedings against investment firm FIIG Securities Limited over what it describes as "systemic and prolonged cybersecurity failures" that led to a significant data breach affecting thousands of clients.
In today's data-driven working environment, all organisations face the critical challenge of managing vast amounts of sensitive data, including data related to their financial resources. Effective governance of financial data assets has emerged as a crucial discipline, ensuring data accuracy, regulatory compliance and informed decision-making.
Australian tech company EncompaaS has announced a new condition-based search feature that promises to cut document search time by up to 20 minutes per query.
ABBYY has announced the establishment of new AI Labs across multiple countries, aiming to develop more powerful and developer-friendly document AI models.
Mistral AI has unveiled what it claims is the world's most advanced document understanding technology. Dubbed "Mistral OCR," the new optical character recognition API aims to transform how organizations extract and utilize information from their vast document repositories.
The way organisations manage records is changing. In a world with exponentially growing digital repositories, and increasingly dangerous risk, automation, AI-driven classification, and seamless integration into business processes are now essential to ensure compliance, security, and efficiency.
In an era where data management challenges are multiplying exponentially, information professionals have a new resource at their disposal. The American Library Association's Neal-Schuman imprint has published the third edition of "Records and Information Management," a reference text for both students and RIM professionals.
"Data Management is witnessing its ChatGPT moment,” claims Rohit Choudhary, founder and CEO of Acceldata, which has just launched its own Agentic Data Management (Agentic DM) platform.
There is a significant disconnect between businesses' ambitions for AI and their investment in compliance and risk mitigation, according to the Ataccama Data Trust Report 2025: Turning Compliance and Risk Mitigation into a Foundation for Strategic AI, which found that that one in five businesses lack a data governance framework.
With the increasing importance of data, many organisations are asking whether they need both a data strategy and a Data Governance strategy. I've been doing Data Governance for over twenty years now and I'll be honest - in the first fifteen years, no one even talked about a data strategy or a Data Governance strategy. But, before we dive into the answer, let's start by getting the basics straight.