Industry Insider

A 12 month study of recent ransomware trends by cloud security company Zscaler found the barrier of entry has decreased, while cyberattacks have grown in sophistication, due to the prevalence of RaaS, a model where threat actors sell their services on the dark web for 70-80% of ransomware profits.

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.

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

Australia’s national strategy to identify and retain essential government records is buckling under the complexity and cost of dealing with an exponential growth in data, according to a new report from the Australian National Audit Office (ANAO).

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.

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.   

BAI Communications Australia (BAI) is using process automation applications built on the Appian AI-Powered Process Platform to digitise and optimise Site Access Management. The applications, which help safeguard the company's employees, customers, contractors, sites and services, have significantly reduced processing time for site access requests.

More than two in 10 Australian businesses experienced a cyber security attack during the 2021-22 financial year, compared to almost one in 10 in 2019-20, according to new data released by the Australian Bureau of Statistics (ABS).

Business Email Compromise (BEC) represents one of the most insidious threats in the modern digital landscape, causing billions of dollars in losses worldwide. Instead of relying on brute force or sophisticated hacking techniques, cybercriminals conducting BEC attacks relies on deception, manipulation, and exploiting human vulnerabilities.

Australian firm Katonic.ai is looking to capitalise on the surge in interest in Generative AI, offering a range of different options to integrate the technology with corporate applications. The company has delivered a portal that provides an opportunity to test a large number of open source large language models (LLMs), with more than 50 to choose from at https://playground.katonic.ai/