Tag
#regulation
Policy
Australia names Cyber Incident Review Board to formalise post-breach lessons
The federal government has named Telstra's Narelle Devine to chair a new Cyber Incident Review Board, formalising no-fault post-mortems of major attacks under the Cyber Security Act 2024. Six other members were appointed from NBN Co, Boeing, Allens, Toll, SA Power Networks and UNSW.
By Marnie Blackwood
Fintech
APRA warns mortgage brokers on AI risk as CBA scales fraud-detection agent
APRA has told lenders and brokers AI-driven fraud is a board-level prudential risk, after Commonwealth Bank scaled an in-house fraud-detection agent and industry mortgage fraud hit about $A3 billion.
By Yusra Ahmadi
Startups
ASIC fines Canva $792,000 over late accounts as filings show $US242m loss
ASIC has fined Canva Group A$792,000 over the late lodgement of its 2024 accounts, with each of four entities paying A$198,000. The long-delayed filings show the Sydney design software company posted a US$242 million net loss on revenue of US$2.1 billion.
By Jules Hartman
