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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.

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

A serious cyberattack has disrupted operations at several of Australia’s largest ports, causing delays and congestion. Late on Friday, port operator DP World detected an IT breach that affected critical systems used to coordinate shipping activity.

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.

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