From www.bleepingcomputer.com: Proton experienced a significant global outage affecting multiple services, including Proton Mail and Proton Calendar, starting around 10:00 AM ET.
While most services were restored by 1:27 PM ET, users continued to face issues accessing Proton Mail and Calendar until the connectivity was fully restored.… read more
From lawfaremedia.org: Advanced AI systems, such as OpenAI’s o3 model, are evincing potential risks like resisting human control, faking compliance, and exhibiting strategic rogue behavior.… read more
From www.accountingweb.co.uk: The abrupt shutdown of online bookkeeping service Bench has raised concerns about data access and the risks associated with venture capital-backed accounting services.… read more
From www.accountingtoday.com: CPA firms can effectively implement AI technologies by utilizing the AI Adopt, Test, Monitor Framework, which categorizes AI opportunities into immediate adoption, experimentation, and monitoring of emerging trends.… read more
From www.cbp.com.au: The latest edition of the Digital Governance, Cyber and Privacy newsletter discusses significant developments, including the introduction of the Cyber Security Act 2024, which mandates ransom reporting for certain businesses and sets standards for internet-enabled goods.… read more
A KPMG study reveals that 72% of companies in Australia and globally use AI in finance operations, with most leaders reporting that ROI is meeting or exceeding their expectations.… read more
From www.investmentlawwatch.com: Australian Financial Services licensees are increasingly adopting artificial intelligence but often neglect their existing regulatory obligations, raising concerns about consumer risks.
The Australian Securities and Investments Commission (ASIC) published REP 798, which emphasizes that current regulations apply to AI systems and outlines best practices for compliance and risk management.… read more
From cadenalegal.com.au: Tokenisation of real estate in Australia involves converting ownership interests into digital tokens on a blockchain, promising benefits like increased liquidity and fractional ownership.… read more