Industry Insider

Artificial intelligence is now embedded almost everywhere in business, but the returns and the guardrails are not keeping pace, according to new research from professional association ISACA. Ninety percent of digital trust professionals say employees in their organisation are using AI, yet only 22 percent report that AI return on investment has met or exceeded expectations.

A report by the NSW Auditor-General has found the NSW Police Force needs four extra years to complete its core technology upgrade, requiring $A493 million in additional funding. The agency has spent $155 million while delivering only one of five core systems.

AI agents spark big productivity hopes and tough questions for Data & Analytics leaders 

Gartner analyst Douglas Toombs warns that 80 years of globally interconnected trade will not unbundle neatly in 18 months, and that much of what passes for ‘sovereign cloud’ today is little more than ‘sovereign washing’.

A cybersecurity breach at US-based learning platform Instructure has compromised personal data across Australian and New Zealand education institutions.

The NSW Government has downgraded the "significant cyber incident" declared following an alleged insider data theft at NSW Treasury, with the state's Chief Cyber Security Officer confirming the breach has been contained and remediation measures are in place. The downgrade does not close the matter - criminal proceedings, an internal investigation and continuing legal reviews of potential procurement impacts remain unresolved.

Organisations that deploy AI extensively in security operations have reduced the average time to contain a data breach by approximately 80 days and cut average breach costs by $US1.9 million, according to a new white paper published by the World Economic Forum in collaboration with KPMG.

Global advisory firm FTI Consulting has responded to rising client demand by appointing a dedicated Australia leader for its Information Governance, Privacy and Security practice.

SAP has agreed to acquire Dremio, an open-source data lakehouse platform, in a bid to solve the data fragmentation problem that the enterprise software giant says is the primary reason AI initiatives fail in large organisations. Financial terms were not disclosed.

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.