Australian startup Quantum Lock applies quantum physics to detect cyberattacks on embedded devices
Matched: AI
Australian startup Quantum Lock is using quantum physics to detect cyberattacks on embedded devices in critical infrastructure. The technology offers continuous monitoring to identify compromised devices, moving beyond traditional point-in-time security checks. The approach targets embedded systems, which are widely used in critical infrastructure but often lack robust security measures.
South Australia launches Royal Commission into artificial intelligence
Matched: Artificial Intelligence
South Australia is launching a Royal Commission into artificial intelligence, announced by Premier Peter Malinauskas. The inquiry will examine how the rapidly advancing technology will reshape society, making it a significant formal investigation into AI's broader impacts. South Australia becomes one of the first jurisdictions to use such a high-level mechanism to scrutinise the implications of AI.
Experian research flags AI-data readiness gap among Australian lenders
Matched: AI
Australian lenders are rushing to adopt AI for credit and fraud risk, but many say their data infrastructure isn't ready to support it, according to new Experian research. The gap between AI ambition and data quality poses risks to decision-making accuracy. Experian warns that without clean, well-structured data foundations, AI deployments in financial services could produce unreliable outcomes.
Cyber incidents hit 71% of Australian organisations as AI reshapes the threat landscape, MinterEllison report
Matched: AI
Seven in ten Australian organisations reported a cyber incident in the past year, according to MinterEllison's Perspectives on Cyber Risk report. AI is increasingly reshaping the threat landscape, enabling more sophisticated attacks. The findings highlight growing pressure on organisations to strengthen defences as incident rates reach record levels.
Barracuda warns calendar invites are being used for phishing via .ics files
Matched: AI
Attackers are exploiting iCalendar (.ics) files to conduct phishing campaigns, according to Barracuda researchers. Because security tools tend to focus on email body content, malicious links embedded in calendar invites often evade detection. Organisations are advised to apply the same scrutiny to calendar attachments as to other potential phishing vectors and to ensure security controls account for the tactic.