Industry Insider

  • Ransomware-as-a-Service is Now Primary Malware Business Model

    OpenText has announced the Nastiest Malware of 2023, an annual ranking of the year’s biggest malware threats. For six consecutive years OpenText Cybersecurity threat intelligence experts have analyzed the threat landscape to determine the most notorious malware trends. Ransomware has been rapidly ascending the ranks, with ransomware-as-a-service (RaaS) now the weapon of choice for cybercriminals.

  • Two thirds of SaaS AI Projects Could Be Undermined by Bad Data

    A new report published today by Panintelligence, a provider of SaaS analytics software, indicates the extent of the AI rush in the SaaS (Software-as-a-Service) industry and warns that up to two-thirds of SaaS companies currently investing in AI could be training their models on poor quality data that undermine accuracy and could lead to unfair or discriminatory outcomes.

  • FileTrail secures Australian top 10 law firm

    FileTrail, a developer of information governance and records management software for law firms and highly regulated industries, has announced the addition of its first law firm client in Australia and key investment in new cloud infrastructure to facilitate secure, compliant support of this and future clients.

  • Microsoft and PwC announce integrated incident response solution

    Microsoft has announced a new collaboration with PwC to expand its joint incident response and recovery capability. In this global alliance, Microsoft begins the initial containment and investigation, bringing a deep understanding of a company’s infrastructure to help evict the bad actors faster and more effectively.

  • Santos Accused of Record-keeping Violations

    A case has been initiated in the Federal Court by The Australian Energy Regulator (AER) against Santos, alleging the oil and gas producer breached auction record-keeping rules between March 2019 and June 2021.

  • The Robodebt Aftermath: Reflections on the Royal Commission and the Future of AI in Government

    The Robodebt Royal Commission, conducted in the wake of Australia's controversial automated debt recovery system, unveiled a troubling saga of governmental overreach and systemic failures. Like other public sector information and records management professionals, Alyssa Blackburn keenly followed the lengthy proceedings of the Commission and what it exposed in terms of inadequate practices. Alyssa, who has worked in senior roles in state and federal government agencies, is currently Director, Information Management at AvePoint. She spoke with IDM publisher and editor, Bill Dawes.

  • Cracking the AI Code: Why data and how much data companies keep  matters

    AI has garnered a lot of attention in Australia and globally over the last years as businesses increasingly explore the potential to anchor their operational strategies in artificial intelligence. While big tech companies including Microsoft has stated that generative AI could add $40 billion to their top line and the generative AI market could drive an almost $7 trillion increase in global GDP, the big news is that  75% of companies expect to adopt AI technologies over the next five years and according to Deloitte, there will be seven times as much invested annually in AI by Australian businesses in 2020 compared to today.

  • Introducing the Next Generation of AI Powered Information Lifecycle Management

    Every day, businesses generate more and more data – in fact, IDC predicts the data sphere will more than double in size between 2022 and 2026. Executives believe having a high level of data quality is essential to their success, but 75% of them don’t trust their data. Two-thirds of organizations rate themselves below average in managing information lifecycle and applying governance and compliance, according to the Association for Intelligent Information Management (AIIM).

  • Supply chains must be ‘future ready’: KPMG

    Australian businesses must increase their investment in their supply chain workforce and in technologies such as AI in order to be competitive. KPMG’s latest Future of Supply Chain report shows global supply chains are further advanced than Australia, but also face challenges.