Regulatory compliance
Risk Management
The Hidden Cost of Poor Transparency in Insurance
ASIC's 2026 Report 838 shows that 31% of consumers who contacted their insurer obtained a lower renewal premium without changing cover. AFCA's complaint data adds a practical signal for boards testing car-insurance pricing and renewal transparency.
Risk Management
Beyond the Label: Importance of Accountability
An eight-month forensic investigation by Four Corners revealed widespread mislabelling and adulteration in food products sold in Australia, including tomato paste sourced from China’s Xinjiang region and seafood falsely promoted as Australian. In response, the ACCC launched an inquiry into misleading conduct, spotlighting the urgent need for stronger accountability and supply chain transparency to protect consumers.
Artificial Intelligence (AI)
Integrate AI Vendor Change Controls to Prevent Sudden Disruption
When Replit's AI coding agent deleted a live production database mid-project in July 2025, it exposed a gap most vendor risk frameworks miss: ongoing change monitoring, not just onboarding checks. NIST's GOVERN 6.2 and ISACA's 2025 incident review both point to the same fix — treat vendor AI oversight as a standing control, not a one-time sign-off.