Enterprise Applications

A week after the Australian Prudential Regulation Authority (APRA) warned it was running out of patience with Cybersecurity Non-Compliance in the financial sector, the Australian Securities and Investments Commission (ASIC) has issued results of a survey that has exposed gaps in cyber security risk management across all industries. It comes in the wake of the attack on DP World that has caused havoc at Australian ports.

Messagepoint has enhanced its generative AI capabilities to further support organizations in creating communications that are easy for customers to understand. As part of its Intelligent Content Hub for customer communications management, Messagepoint’s AI-powered Assisted Authoring will now support translation into over 80 languages and suggest content rewrites to align communications with the ISO standard for plain language.

A new poll of global digital trust professionals reveals high employee usage of generative Artificial Intelligence (AI) in Australia and New Zealand (63%). Althopugh few have company policies around its use (only 11% have a formal policy), there is a  lack of training (80% have no or limited training), and fears around its exploitation by bad actors (97% report being at least somewhat worried), according to Generative AI 2023: An ISACA Pulse Poll.

The Australian Signals Directorate has released its fourth ASD Cyber Threat Report, which found almost half of reported incidents came from Federal, State or Local Government. Malicious cyber activity continued to increase in frequency, cost and severity compared to the previous year.

Microsoft has announced that the Syntex AI-powered content management platform has been rebranded as SharePoint Premium, offering AI-driven automation, improved content experiences, and improved governance.

Why is every Government agency using different terms and language to describe the regulatory technology solution they want to implement?

It should not be a surprise to hear that many ten's thousands of applications have been created over the decades that computers have been around. While some of these applications are obsolete due to dependencies on no longer available operating systems, hardware, or both, some of these old applications live on. When we focus on active operating systems, there are still thousands of applications to consider. Some of these applications use the same file format type to store data. However, many employ a proprietary file format optimized for that application and use case.

The Digital Transformation Authority (DTA) is looking to dip its toes into the world of Generative AI, issuing a Request for Information (RFI) “to gain an understanding of the market.” The DTA is seeking to uncover Gen AI solutions that could “serve for individual Government organisations or the Australian Government as a whole.”

A recent forecast from International Data Corporation (IDC) shows that the worldwide artificial intelligence (AI) software market will grow from $US64 billion in 2022 to nearly $2US51 billion in 2027 at a compound annual growth rate (CAGR) of 31.4%.

A push is underway from Microsoft to enforce multifactor authentication (MFA) for administrators accessing Microsoft Entra ID (formerly Azure Active Directory), M365 and Exchange.