Industry Insider

New research from Accenture, from a survey of 2,000 executives across 12 countries and 15 industries, found that three-in-four (74%) organizations have seen investments in generative AI and automation meet or exceed expectations, with 63% planning to increase their efforts and further strengthen these capabilities by 2026.

The MediSecure ransomware attack which exposed the personal and health data of nearly 13 million Australians, has earned a place in the top 11 data breaches of the first half of 2024, according to an analysis by Kiteworks.

Australian developer Fortiro has won 2024 “Startup of the Year” for helping Australia’s leading banks, non-bank lenders, insurers, payment providers and gaming companies automate document fraud checks and financial verification.

INX Software, an Australian developer of compliance, workforce management, training and reporting software for complex and high-risk industries, has announced it will join with fellow Perth company K2fly to create one of Australia’s biggest providers of mission-critical software for high-risk industries.

A pioneering startup in the field of AI-powered data integration, Vectorize, has raised $US3.6 million in seed funding for its Retrieval Augmented Generation (RAG) platform designed to transform how businesses of all sizes leverage their data for AI applications.

Collaboration and coordination taking place between nation-states and cybercrime rings to target global supply chains and further geopolitical motives has become a signature trend in the threat landscape, according to a new report from OpenText Cybersecurity. 

The Albanese government has introduced long-awaited legislation to parliament which is set to revolutionise Australia’s cyber security preparedness. The legislation, if passed, will be Australia’s first standalone cyber security act. It’s aimed at protecting businesses and consumers from the rising tide of cyber crime.

In an era of increasing data regulation complexity, multinational organisations face a daunting task: managing diverse data retention requirements across multiple jurisdictions. A new partnership between EncompaaS and Amsterdam-based filerskeepers aims to revolutionize this process, offering an automated solution for global compliance.

Meta, Facebook's parent company, has been fined €91 million ($150 million AUD) by the Irish Data Protection Commission (DPC) for storing user passwords as unencrypted 'plaintext' on its internal systems. The penalty comes five years after the company first acknowledged the security lapse.

A homegrown family enterprise is making waves in Australia's Information Management industry, rapidly expanding its footprint and capabilities. Compu-Stor, a business with humble beginnings in Perth, has just opened in Canberra, signalling its ability to compete for more national, state and federal contracts.