OAIC has published a statement on the Instructure (Canvas) cyber incident, confirming Australian education providers have been affected and directing impacted parties to the entity first for privacy complaints and response handling.
APRA has flagged a need for a step-change in AI-related risk management and governance across banks, insurers and superannuation trustees, indicating a sharper prudential focus on emerging technology risk.
Introduction
Today marks a momentous occasion in the world of financial services as the Prudential Regulator APRA releases the final version of CPS230. This milestone heralds a critical step in the development of operational risk...
ESG Today recently posted a captivating update shedding light on the introduction of mandatory climate reporting for organizations in Australia, and the instrumental role the treasury is playing in this domain. The announcement revolves...
The practice of effective risk management requires the management team to take ownership for the risks of their business through an effective and efficient decision making process.