From tglaw.com.au: The OAIC reported a significant rise in notifiable data breaches in 2024, with most breaches resulting from malicious and criminal attacks.
Regulatory actions intensified, including civil action against Medibank for failing to protect personal information.… read more
From www.accountingtoday.com: AI is set to transform the role of junior accountants, as traditional low-complexity tasks become automated, making it necessary to rethink how accounting firms train and develop these professionals.… read more
From accounting.show: [US context; podcast] This episode discusses the consolidation trend in accounting software that enables firms to reduce their technology stack while enhancing client service.… read more
From www.accountantsdaily.com.au: Xero has partnered with Karbon to integrate their platforms, aiming to enhance productivity for accounting firms by streamlining operations and facilitating automated workflows.… read more
From alvarezandmarsal.com: Manufacturers are adopting digital solutions to enhance efficiency and reduce costs while addressing common challenges such as data inaccessibility and reactive maintenance.
By leveraging technologies like IoT sensors and AI-powered cameras, factories can improve defect detection and predict equipment failures.… read more
From www.accountingweb.co.uk: Apron has launched its expense-card solution, enabling employees to cover business-related expenses without using personal funds, and introduced a partner programme for accountants and bookkeepers that rewards usage with discounts.… read more
From www.bleepingcomputer.com: Google is implementing a change to Chromium that prevents Chrome from running with elevated administrator permissions to enhance security on Windows systems.
This feature is similar to a functionality Microsoft introduced in Edge in 2019, which warns users about launching browsers in admin mode due to potential security risks.… read more
From www.aicd.com.au: AICD has published “Data Governance Foundations for Boards,” a resource designed for Australian directors to enhance their understanding of data governance’s strategic importance and risks.… read more
From www.zdnet.com: Zapier is an automation tool that connects various AI and non-AI applications to streamline workflows without requiring code.
It allows users to create “Zaps” that automate tasks across over 8,000 apps, which can significantly enhance productivity by reducing the need for manual input and time spent managing multiple tools.… read more
From alvarezandmarsal.com: AI agents, leveraging technologies like large language models, are revolutionizing specific tasks and decision-making processes with autonomous software solutions.
The global AI agent market is rapidly expanding, with significant investment from major players such as AWS, as businesses seek efficiency improvements across various functions.… read more
From www.scale100.co: Generative AI could potentially transform enterprise resource planning (ERP) software, making it easier for users to interact with complex systems through intuitive interfaces, such as chatbots or AI-driven agents.… read more
From www.accountingweb.co.uk: MacroFin, an accounting consultancy specializing in cloud ERP implementations, significantly improved project timelines and costs, completing a transformation for Garrison Technology in just three and a half months.… read more
From cpaaustralia.com.au: Businesses must prioritise transparency and communication about their use of artificial intelligence to bridge the trust gap with clients, as highlighted by a study showing a significant disparity between perceived and actual trust levels.… read more
From www.bleepingcomputer.com: Google has agreed to a $1.375 billion settlement with Texas over allegations of unlawfully collecting biometric data from millions of residents without consent, marking the largest recovery against Google for data privacy violations in the U.S.… read more
From www.scale100.co: Brian Chess, Oracle NetSuite’s AI chief, asserts that generative AI will revolutionize ERP usability, allowing business users to interact directly with software without needing specialized skills.… read more