Governance Risk and Compliance

OpenAI has launched Daybreak, a new cybersecurity initiative that pairs its frontier models with the Codex agent harness to find and patch software vulnerabilities. The move intensifies competition with Anthropic's rival Project Glasswing initiative.

Enterprises rolling out artificial intelligence faster than they can govern it now have a new option from data catalogue vendor Alation, which has introduced Alation AI Governance, a system of record for AI models, agents and tools.

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.

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.

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.

ServiceNow used its annual Knowledge 2026 conference in Las Vegas on 5 May 2026 to announce a sweeping expansion of its AI platform, positioning the company as the central governance and execution layer for all enterprise AI agents - regardless of vendor.

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.

New Zealand law firm Buddle Findlay has warned that Kiwi businesses that hold or handle the personal information of individuals in Australia must prepare for strict new transparency rules regarding automated decision-making.

Gartner predicts that by 2028, an average global Fortune 500 enterprise will have over 150,000 agents in use, up from less than 15 in 2025, generating significant agent sprawl, IT complexity and management challenges.

Workforce intelligence vendor Teramind has launched what it describes as the first platform to provide enterprise-grade governance and audit trails across AI tools and autonomous agents - including unsanctioned "shadow AI" tools that employees are using without IT approval.

Pages