Articles

The twin factors of poor data controls and the advent of new generative AI tools based on Large Language Models (LLMs) will lead to a spike in insider data breaches over the coming year, warns Imperva

There’s been much ado about the pros and cons of artificial intelligence over the last few months since the start of the ChatGPT era. Generative AI has hit the mainstream; new vendor solutions are cropping up daily and professionals from many different industries are giving it a test drive.

You may think about information management, record-keeping, archival, or something similar. However, as you deep-dive into the subject, you will realize it is much more than that. Records management can be a strategic path toward compliance, efficiency, collaboration, and accountability – if done right.

The Australian Prudential and Regulation Authority (APRA) has announced it will impose an increase in Medibank’s capital adequacy requirement of $A250 million, following a review of its major cyber incident in October 2022.   

Guidelines will be updated, annual reports written, and detailed plans definitely developed under a new National Strategy for Identity Resilience signed off by the Minister for Finance and Australia’s state and territory Data and Digital Ministers.

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