Industry Insider

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.

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.

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.

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.

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.

Australia Post has partnered with AI security firm Alpha Level to apply machine learning to cyber threat detection across its national network - including systems used by thousands of licensed post offices and small businesses.