Document & Records Management

Just last week another two large Australian businesses were hit by a cyber attack. Latitude Group Holdings confirmed that personal information of about 328,000 customers, including copies of drivers’ licenses were stolen. While IPH Ltd (an intellectual property services provider) discovered unauthorised access to their document management systems. Data and information theft is on the rise, with a recent report from Australia’s Information Commissioner showing that between July and December 2022, data breaches were up by 26%.

PDF/A – the ISO standard for long-term archiving – now has four sub-standards. This raises an obvious question: which one should businesses use for document conversion and archival?

Evisort, a no-code contract intelligence platform for legal, procurement, IT and sales operations teams, has announced its next-generation AI contract processing with advanced OCR ingesting. Evisort's proprietary AI has made a massive leap in capacity - now ingesting and analysing up to 450,000 contracts per day.

AvePoint Online Services (AOS) have been assessed to the security classification of PROTECTED, the highest level possible for an independent software vendor.

On a tour of the APAC region to meet with local Partners and Customers, Kodak Alaris President Donald Lofstrom, and Cassio Vaquero – Vice President, Global Sales, sat down with IDM in Sydney to outline the company’s plans to move deeper into document automation.

​Measuring return on investment for document automation solutions used to be pretty simple: reducing data entry reduces headcount. But simply reducing resources to measure ROI and business benefits isn't as straight forward as it used to be.

Parashift, a provider of advanced machine learning-based document classification and data extraction software, has announced a technology partnership with BSI, a leading CRM and CX software company. 

Israeli developer Cognni has launched a new information risk-assessment product that uses proprietary AI to provide a comprehensive analysis of direct and indirect threats to critical business information, with a scan taking just minutes to complete.

In February 2023, the 2022 Privacy Act Review Report was released by the Attorney-General's Department. The Report proposes many sensible reforms in line with the current cultural shift towards greater privacy regulation. Organisations should start getting ready now.

A small avalanche of data from various sources (including Gartner) confirms what many of us in the cybersecurity world have believed for years: security awareness doesn’t work. I suspect that this will not come as a surprise to anyone who works in security as it is routine for employees to prioritise pretty much anything else over security when a conflict arises.

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