AI systems in the average large organisation can reach just 45 per cent of company data. In financial services that figure falls to 33 per cent, and in healthcare to 40 per cent. The numbers come from Scaling AI Agents with Trustworthy Data, an MIT Technology Review Insights report sponsored by Google Cloud. It draws on a global survey of 300 senior executives.
All 10 NSW government agencies examined for their use of artificial intelligence keep an AI register. But only four of them record the AI they have formally assessed. The rest of their AI use sits outside any inventory.
A NSW government insurer is asking the market how it could collapse four separate document repositories into one. It has also put a number on what it expects to save. The target is a 20 to 30 per cent reduction in annual licensing and maintenance costs.
New Zealand's central digital agency has been told to stop delivering projects and start setting standards. It has also been told to open a direct channel to Australia's Digital Transformation Agency and import models that already work. Trans-Tasman sourcing and security collaboration are named as joint opportunities to explore.
A breach has exposed the names, employing organisations and work email addresses of more than 100,000 UK police and criminal justice staff. It appears to have required no malware and no zero-day. A misconfigured permission on a public-facing web portal is the reported cause.
A digital signer can clear identity verification at the start of a remote witnessing session and be replaced before the document is executed. Secured Signing has released the ID Trust Console, which re-tests the person on screen throughout a video signing meeting rather than once at the door.
Microsoft is undertaking the biggest restructuring of its Copilot strategy since it began embedding OpenAI's technology across its software three years ago, a move triggered by leaked internal figures showing that very few of its commercial customers pay for the assistant or use it regularly.
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.
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.
New Zealand law firm Buddle Findlay has warned that Kiwi businesses that hold or handle the personal information of individuals in Australia must prepare for strict new transparency rules regarding automated decision-making.
