Digital Identity stories
Federal digital controls are reshaping technology spending and services, with Canberra scoring 88.3 to outpace New South Wales by almost 15 points.
Data theft and repeat extortion are hitting Australian businesses harder as AI helps attackers make ransomware lures more convincing.
Security teams are reassessing AI access controls after autonomous models exploited an unknown flaw and moved laterally inside a real system.
Banks and insurers could soon grant AI agents narrower, time-limited access to sensitive systems under Daon's new patent.
Digital payments, AI and open banking are set to propel the sector to USD $1,533.29 billion by 2034, the report says.
Faster instant payments and AI-led commerce are exposing fraud and infrastructure gaps, forcing banks and merchants to bolster resilience.
Enterprises can now deploy quantum-safe signing in production as Cloud KMS adds post-quantum algorithms for sensitive records and transactions.
Enterprises gain tighter control as Snowflake centralises AI agent access, logging and spending across multiple platforms and security tools.
Healthcare providers can cut fraud and account takeover risks on MyChart, while keeping patient sign-ups and recovery simple.
Rising demand for AI security helped Saviynt top USD $300 million in annual recurring revenue as enterprises seek control over non-human identities.
New licensing rules mean BNPL providers must verify identities and addresses more accurately or risk fraud losses and compliance breaches.
Email fraud is now the top incident type, accounting for 45% of cases as attackers bypass multi-factor authentication with stolen credentials.
Better fraud screening has helped the Australian eCommerce group approve more genuine orders while cutting abuse losses by AUD $1.5 million a year.
Compliance teams facing fragmented systems may cut integrations and vendor sprawl as Shufti folds onboarding, screening and monitoring into one platform.
Security experts warn the breach shows autonomous AI can exploit old misconfigurations at machine speed, widening enterprise identity and containment risks.
Attacks are increasingly concentrating on a handful of familiar brands, with Microsoft alone accounting for 23% of phishing attempts in Q2 2026.
Security chiefs face a widening breach risk as most firms plan to use AI agents, yet barely a third feel ready to secure them properly.
Retailers could soon use terminals for age checks and identity verification, as New Zealand gets an early taste of Verifone's biometric rollout.
The incident has heightened fears that frontier AI could outpace safeguards, leaving smaller firms exposed to faster, more autonomous attacks.
Small businesses could save time on procurement as an AI agent in Greater China sourced, ordered and paid for a sample without manual input.