Risk Management stories
Email fraud is still slipping through Australian firms as front-line staff prove better than managers at spotting scams, a CommBank survey found.
The appointment comes as Australia’s fintech sector pushes for rules that could lift its economic contribution from $13.6 billion to $38 billion by 2035.
Australian lawyers will get structured AI training as K&L Gates ties the Legora rollout to governance rules aimed at reassuring clients.
The move gives lawyers faster access to verified authorities as the firm tries to cut research risk and adapt to AI-heavy workflows.
Fraud is eroding trust in digital services, with 56% of Australians saying they have already suffered online scams or identity theft.
Tight cashflow is forcing many smaller firms to blur business and household finances, with 78% of leaders using personal cards for expenses.
Australians have lost AUD $837.7 million to investment scams this year, prompting a 90% rise in ASIC website takedowns.
More software teams could catch AI-made defects before release as Katalon’s new platform adds human approval, traceability and live monitoring.
Defenders may gain faster vulnerability discovery, but the same AI leap is also sharpening concerns that attackers will exploit flaws in minutes.
Security researchers say long automated jobs can make Claude Code’s deny rules fall back to user prompts, weakening protections in CI/CD pipelines.
Volotea’s 11 million annual passengers can now buy automatic cover for delays, lost bags and cancellations across its network.
The rollout puts AI into 160,000 audits and could cut administrative work as EY braces for bigger data volumes and tougher assurance demands.
The recognition could help Sapiens win cautious buyers in regulated sectors, where insurers and lenders need AI decisions they can explain and audit.
The new platform targets regulated firms seeking auditable AI processes, after Felix raised USD $1.7 million to expand beyond legal work.
Monzo's retreat from America will close customer accounts by June, while Revolut is seeking direct access to deposits and loans in the US.
Most AI projects are missing their targets as 65% of Chief Information Security Officers lack confidence in data security controls, a study shows.
Nearly 5,000 US hospitals will gain access to recovery tools as healthcare groups face rising ransomware threats and costly service outages.
Financial institutions could cut manual checks as a Fujifilm-DoxAI tool scans identity and income records for fraud in New Zealand.
Higher complaint volumes are adding regulatory and reputational pressure on UK firms handling sensitive customer data, especially in finance and health.
US iGaming operators can now let players deposit crypto and stablecoins, converting funds to dollars after verification through Paysafe’s new service.