The Ultimate Guide to Risk & Compliance
A curated Australian edition of IndustrialDay news, analysis, interviews, reviews, job moves, and related resources for Risk & Compliance.
What to know about Risk & Compliance
Risk & Compliance is a critical domain encompassing the strategies, tools, and frameworks organisations use to identify, manage, and mitigate risks while ensuring adherence to regulatory standards and internal policies. This area has grown increasingly complex with evolving technology landscapes and cyber threats, making it essential for businesses to stay informed and adaptive.
Recent developments highlight the dynamic nature of risk and compliance, including innovations like AI-powered suites enhancing governance, risk, and compliance (GRC) management, as well as emerging security challenges such as growing API vulnerabilities in financial sectors and the targeting of cloud resources by cyber-attacks. Organisations must navigate an expanding regulatory environment, with new standards and certifications marking benchmarks for data protection, operational resilience, and cybersecurity readiness.
Beyond technology, risk and compliance involve critical considerations around human factors, corporate governance, and the alignment of security practices with business objectives. Insights into cloud governance, supply chain security, and identity management demonstrate the multifaceted approach required to manage risks effectively in a digital-first world.
For readers, exploring stories tagged with Risk & Compliance offers valuable perspectives on cutting-edge solutions, regulatory changes, and strategic guidance. It is an essential resource for professionals aiming to understand and implement robust risk management frameworks, enhance cybersecurity posture, comply with evolving standards, and ultimately safeguard their organisations against the multifarious risks of today’s interconnected environment.
Australian Risk & Compliance News
Regional stories with direct local relevance
The next Australian mining catastrophe won't be a cyberattack: it will be a failed system upgrade
Failed system upgrades could disrupt production, safety and payroll in Australian mines more than cyberattacks, as AI and ERP change accelerates.
AI cyber threats rise as Australian incidents surge
Average cybercrime losses for large Australian businesses jumped as AI-enabled attacks became a bigger worry than privacy for many boards.
Saviynt launches Snowflake integration for AI agent risk
Rising use of autonomous AI agents is forcing firms to rethink access controls, as Saviynt and Snowflake target identity risks in business systems.
Australian lenders adopt AI faster than data readiness
Most Australian lenders are using agentic AI in underwriting, but just 3% say their data is fully ready for AI-driven decisions.
Customer verification in Australia: A complete guide
Rising cybercrime is forcing Australian businesses to tighten checks or risk fraud losses, compliance breaches and slower onboarding.
Teletrac Navman names Sharma as VP Product Management
The hire comes as the fleet software group expands AI and compliance tools to help operators manage mixed-energy vehicles and tighter regulation.
Analyst Insights
Research and market analysis connected to Risk & Compliance
TP named visionary leader in Asia-Pacific Frost Radar
Menlo expands AI agent security for Copilot & Gemini
Ethyca launches Astralis to govern enterprise AI data
Sentra launches Shadow AI DLP to block sensitive data
EBIT-T -DA: AI's hidden line item, solving AI's growing cost problem with observability
Featured News
Ansarada unveils OS Bondi for secure M&A, due diligence
Deal teams will save time on due diligence as Ansarada's OS Bondi spots duplicate questions while keeping sensitive data inside its secure platform.
SAS Innovate: New era of scams requires novel solutions
Australians are losing billions as AI-driven fraud pushes banks, telcos and platforms to share scam data faster and stop payments earlier.
CrowdStrike report: AI is rewriting rules of cybersecurity
Organisations now have just 48 hours to patch most flaws, as AI helps attackers weaponise vulnerabilities far faster than before.
Cohesity mitigating shadow AI by empowering staffers
Approved AI tools are cutting shadow use by staff, but Cohesity warns the bigger risk is corrupted enterprise knowledge and weak governance.
AI arms race forcing businesses to rethink cybersecurity
Security teams are racing to shrink exposure windows as AI makes newly disclosed vulnerabilities exploitable almost immediately.
Manufacturers strengthen OT security as threats intensify
Production line shutdowns and safety risks are pushing manufacturers to invest in OT defences built for ageing industrial systems.
Resilience over prevention as AI reshapes security landscape
Rising ransomware speed is pushing ANZ firms to increase spending on recovery strategies as AI gives attackers new ways in.
Check Point: Be the best, or get out the way
Rising AI-driven attacks are compel security buyers to cut vendor sprawl, though Check Point warns over-consolidation can still raise risk.
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Check Point: Hackers are already in. Act accordingly
Hackers are exploiting vulnerabilities in hours or minutes, leaving many organisations compromised before defenders spot the breach.
Future of enterprise software is agentic apps, says Oracle
Oracle is targeting a common blocker to AI adoption by adding governance, human checks and audit trails to its agentic app builder.
Agentic rollout creates new identity security challenge
Poor governance is leaving many AI agents stuck out of production, while those that run can expose firms to legal and security risks.
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OnBoard says board AI policy key, but lags behind in adoption
Most boards are using AI, but formal guidelines are still missing as adoption races ahead of governance, OnBoard's survey found.
John Margerison on the new class of employee: AI managers
Businesses should treat AI like a new hire, as weak oversight could expose sensitive data and leave staff needing fresh skills to stay relevant.
Agentic AI creates enterprise challenge beyond LLM boom
Enterprises face rising costs and governance gaps as thousands of AI agents begin operating alongside staff across multiple systems.
Visa strengthens AI defences amid new era of cyber threats
Visa is pouring billions into AI defences as regulators demand safer, auditable systems to counter faster cyber threats and fraud.
Phishing-resistant authentication can prevent tax-time fraud
Fraudsters are exploiting tax season by stealing credentials and filing bogus returns, putting Australian refunds and ATO accounts at risk.
Reducing cyber risk is still hard: Why CTEM stalls at action
Security teams are still struggling to turn vulnerability alerts into fixes, leaving companies exposed for months when IT and operations must act separately.
Quantum computers aren't here yet. But the data threat is
Hackers are already hoarding encrypted data, as businesses race to adopt quantum-safe protection before Q-Day arrives.
UiPath assisting One NZ on journey to become AI leaders
Strict controls are now central to One NZ's AI push as it guards customer data and avoids costly errors in billing and finance.
Storage to strategy: Everpure pivots to data intelligence
Enterprises wrestling with AI readiness and data sovereignty may gain clearer governance as Everpure adds a new intelligence layer.
Defence Australia puts data at core of national security
Sovereign AI is becoming vital to mission readiness as Defence Australia builds a connected data ecosystem for faster decisions.
Banks face AI balancing act as regulation tempers uptake
Australia's banks are steadily increasing their use of artificial intelligence, but regulation and data security fears are tempering adoption.
Hype growing - but SMEs still face barriers to AI adoption
Small firms risk falling behind unless they adopt AI for practical gains, as SMEC AI says many are still confused by the technology.
'Smart people changing': How humans and agentic AI co-exist
Governance fears and skills gaps are pushing businesses to deploy agentic AI in secure systems while protecting staff from disruption.
Exabeam: Ruthless efficiency can make agentic AI malicious
Behavioural analytics is becoming essential as AI agents can pursue tasks so efficiently that they may cause damage without any malicious intent.
Quantum computers aren't here yet. But the data threat is
Hackers are already stockpiling encrypted data for Q-Day, when quantum machines could break RSA and ECC in minutes.
Geotab using telematics and AI to reshape fleet management
Rising fuel costs and safety risks are pushing fleet operators to use Geotab telematics to cut idling, reroute trips and monitor fatigue.
Companies wildly unprepared for new era of security threats
Many firms are exposing sensitive data as shadow AI and weak controls leave them open to breaches, hallucinations and unauthorised access.
Visibility can shield you against $15k/min downtime
Blind spots in monitoring are pushing outage bills higher, with Splunk estimating average downtime now costs USD $15,000 a minute.
Clean Core and governed AI enable SAP success
Australian firms can avoid costly upgrade pain and AI risks by pairing Clean Core with governed data and trusted partners.
Check Point Technologies: On vigilance, Mythos and beyond
AI-driven vulnerability scanning is forcing firms to rethink complacency as Check Point says existing defences still help against Mythos.
Exclusive: Reco COO on securing the AI inside your SaaS stack
Reco COO Zoe Hillenmeyer says enterprises typically underestimate their AI agent exposure by a factor of ten and that gap is widening.
Certes says be ready to protect data before Q Day hits
Only 3% of Australian businesses have started preparing for post-quantum cryptography, leaving sensitive data exposed to harvest-now, decrypt-later attacks.
Dext: Transformative AI made easy for accountants and bookkeepers
Accountants could cut errors and save time as Dext AI Assist brings prompt-based automation to bookkeeping workflows.
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'Didn't believe it': Dayforce optimising people management
Payroll headaches eased at Retail Apparel Group as Dayforce linked time and attendance with pay, cutting manual fixes and boosting morale.
Everpure preparing for new era of cyber resiliency
AI attacks are pushing firms to prioritise cyber resiliency, as Everpure warns downtime can exceed ransom demands by up to 75 times.
The AI challenge - balancing governance and innovation
Many projects remain stuck at proof of concept as businesses wrestle with data governance, security and agent oversight before scaling AI.
Guidewire: Modernising insurance with accountability
Regulators are warning insurers to keep humans accountable as AI speeds up claims work and other busy tasks, Guidewire says.
HPE assisting IT teams navigate complex challenges
HPE Networking says AI, zero trust and SASE are reshaping network security as remote work and connected devices make threats harder to control.
Cloudera hackathon highlights enterprise AI data challenges
Only seven per cent of organisations are data ready, raising doubts over whether enterprise AI can move from prototypes to production.
AI use in life sciences focused on augmentation - for now
AI in life sciences is boosting workflows rather than replacing scientists, as firms navigate regulation, data risks and uneven adoption across markets.
Exclusive: Arctic Wolf builds out agentic security
Arctic Wolf expands its Agentic SOC as AI speeds attacks and shadow AI risks, with President, Technology and Services Dan Schiappa backing human oversight.
Expert Columns
The next Australian mining catastrophe won't be a cyberattack: it will be a failed system upgrade
Customer verification in Australia: A complete guide
Finance teams in educational institutions don't need more process, they need less chasing
Supercharged security: Cyber risk in the age of frontier AI
Why enterprise AI must learn to act, not just talk
What Role Does Data Quality Play in Data Governance?
The customer experience gap in cross-border payments
From routing to revenue: Why payment orchestration has become a boardroom issue
The Hidden Cost of Identity Friction in Retail
We moved off ChatGPT, and 5 risks that we didn't account for as a cybersecurity company bubbled up
Interviews
Interviews and video coverage from the networkRecent Risk & Compliance News
Finance teams in educational institutions don't need more process, they need less chasing
Schools and universities can cut audit-season scrambles if they shift controls to the point of spend and stop chasing receipts later.
Ansarada unveils OS Bondi for secure M&A, due diligence
Deal teams will save time on due diligence as Ansarada's OS Bondi spots duplicate questions while keeping sensitive data inside its secure platform.
Coinbase Australia launches perpetuals for wholesale traders
Wholesale investors can now access leveraged crypto trading on a locally licensed platform as Australia tightens oversight of digital asset businesses.
The customer experience gap in cross-border payments
Delayed cross-border payments are costing banks millions and leaving businesses chasing funds they cannot trace.
Ruby O'Rourke launches SAFE for child safety in Australia
Rising scrutiny of child care providers is driving demand for earlier risk detection, as the platform logs everyday observations into patterns.
Australian firms boost AI spend without tracking returns
Many firms are ramping up AI budgets while still lacking the metrics and governance to prove the technology is paying off.
MIST wins AUD $3.5m to back student funds in Australia
Fresh capital will let the fintech expand checks on international students' living funds as universities tighten oversight of visa compliance.
Australia agribusiness lenders urged to rethink rural risk
Rising farm debt and climate exposure are forcing lenders to use parcel-level evidence, as agribusiness credit swells to AUD $140.3 billion.
We moved off ChatGPT, and 5 risks that we didn't account for as a cybersecurity company bubbled up
Switching from ChatGPT to Copilot exposed data-loss, support and trust risks, as prompts and tools built by staff proved hard to move or manage.
EBIT-T -DA: AI's hidden line item, solving AI's growing cost problem with observability
AI spending is eroding margins and boards lack the real-time visibility needed to weigh token costs against business value.
Elula's Sweeper wins work as regulators tighten scrutiny
As scrutiny intensifies, the AI tool is helping firms spot billing and compliance errors sooner, reducing fines, remediation costs and customer harm.
V2 AI expands into Perth with four senior leadership hires
Demand for enterprise AI is pushing the consultancy deeper into Western Australia, where energy and resources clients are now a bigger focus.
Australia urged to bolster digital finance & fraud defences
Rising online fraud and a 2027 digital assets regime are pushing banks and fintechs to upgrade infrastructure as adoption accelerates.
Australia leads HR AI adoption, Rippling research shows
Yet only 36% of HR leaders feel confident their organisations can comply with emerging AI rules, raising governance concerns.
Weather-driven demand and the limits of seasonal inventory planning
Retailers risk overstock and shortages because weather-driven demand shifts with seasonal anomalies, not just heat, making winter buying decisions brittle.
Identity protection is the next fintech battleground
Australians lost GBP £1.1 billion to scams last year, underscoring how banks now must protect customers' identities as well as their systems.
MY CYBER GUARD launches free cyber health check for SMEs
Small firms may miss basic cyber gaps as a free self-check from MY CYBER GUARD flags weak passwords, patching and backup risks.
Carta broadens Claude plugins for private capital firms
Private capital firms could cut days of manual reconciliation as Carta opens Claude plugins to more than 1,500 customers.
Australian fintechs warn of tougher AI & payments scrutiny
Rising regulatory pressure could force banks, merchants and payment firms to tighten controls on AI and card costs as Australia reforms payments.
Origin Energy probes alleged cyber incident over data
Customers face heightened scam risks as Origin Energy investigates claims that a hacker accessed two million records and alerted regulators.
Job Moves
Teletrac Navman names Sharma as VP Product Management
V2 AI expands into Perth with four senior leadership hires
Interactive appoints Anneliese McDowell as cyber chief
Anna Green named Chief Executive of Australian AFCX
HeadFirst unites Australian sales, talent & service
Kinetic IT launches AI engineering division with Sete
Banking Circle appoints Cracknell as Chief Executive Officer
Interactive appoints data & AI leaders for strategy
CommBank appoints first Chief AI Scientist in Australia
