A recent forecast from International Data Corporation (IDC) shows that the worldwide artificial intelligence (AI) software market will grow from $US64 billion in 2022 to nearly $2US51 billion in 2027 at a compound annual growth rate (CAGR) of 31.4%.

Australian Prudential Regulation Authority (APRA) chair John Lonsdale has expressed frustration at the failure of the banking and financial sector to deal with fundamental cybersecurity issues.

A push is underway from Microsoft to enforce multifactor authentication (MFA) for administrators accessing Microsoft Entra ID (formerly Azure Active Directory), M365 and Exchange.

Seventy nine percent of business and IT leaders believe that generative AI will improve process automation efficiency by more than 25%, according to a survey commissioned by Pipefy, a developer of process automation solutions. More than one third (34%) of survey respondents anticipate efficiency gains of more than 50% when generative AI is applied to process automation.

Australian Naval Infrastructure (ANI), the government owned shipbuilder slated to construct a future nuclear-powered submarine fleet, has turned to local developer archTIS for secure data exchange and collaboration.