Governance Risk and Compliance
Real-time monitoring and automated guardrail enforcement are the foundations of a significant expansion to OneTrust’s AI governance platform, aimed at organisations struggling to keep compliance controls pace with rapidly scaling AI deployments.
A major cybersecurity incident at Sydney-based asset finance technology company youX has exposed the personal and financial records of 444,538 Australian borrowers, with a threat actor claiming to have exfiltrated 141 gigabytes of data from an unsecured cloud database.
Australian fixed-income specialist FIIG Securities has been ordered to pay $2.5 million in penalties after cyber security failures exposed 18,000 clients to a data breach that saw 385 gigabytes of confidential information stolen.
Nearly one-third of employees use unsanctioned AI agents for work tasks, creating security vulnerabilities most organisations cannot address, a new Microsoft report reveals.
The Department of Home Affairs and AUSTRAC have announced transitional rules providing existing reporting entities a three-year period to transition customer due diligence obligations under Australia's reformed anti-money laundering regime.
Sydney-based data governance platform RecordPoint says it is now processing more than 15 million data transactions per day - up from six million a year ago - as organisations accelerate AI adoption and tighten compliance controls
More than three-quarters of Australian organisations now use artificial intelligence to manage payroll compliance, according to new research examining responses to wage theft reforms.
Property settlement platform operator PEXA Group is entering the compliance software market ahead of mandatory anti-money laundering regulations for real estate professionals taking effect in July.
Across Australia and New Zealand, privacy teams are being asked to shoulder one of the most complex risk environments organisations have ever faced. Rapid technological change, expanding regulatory obligations, the rise of artificial intelligence and an unrelenting wave of cyber threats have combined to make privacy a central business issue. Not just a compliance function tucked away in legal or IT.
Property settlement platform operator PEXA Group is entering the compliance software market ahead of mandatory anti-money laundering regulations for real estate professionals taking effect in July.
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