Australian Prudential Regulation Authority Stories

Australian Stories

Australian Prudential Regulation Authority stories

How to prevent your AI agents from going rogue

Poorly governed AI agents could trigger outages, compliance breaches and boardroom liability as Australian firms rush to deploy them.

By Sharryn Napier • 4 min read • Yesterday

Software-as-a-Service

Bank of Sydney goes live on Infosys Finacle on AWS

Customers at Bank of Sydney should see faster payments and more self-service after its core banking systems moved to AWS.

By Karen Joy Bacudo • 3 min read • Last week

Network Security

Why SMS authentication is exposing mortgage lenders to avoidable risk

Mortgage brokers face mounting breach and fraud risks as attackers exploit SMS codes to reach high-value client data, experts warn.

By Geoff Schomburgk • 5 min read • This month

Data Protection

Australian banks lag on strict DMARC email protection

Most customers still face avoidable phishing risk, as 59% of Australian banks lack the strict DMARC setting that blocks spoofed emails.

By Mark Tarre • 4 min read • This month

Fintech

Banking Circle appoints Cracknell as Chief Executive Officer

The planned handover aims to keep Australian clients steady as Banking Circle's local unit shifts to an internal Chief Executive Officer.

By Mark Tarre • 4 min read • This month

Privileged Access Management

How to meet APRA's demands for improved AI security

Financial firms face tighter oversight as the regulator warns current controls are not enough for fast-changing AI systems and machine identities.

By Vijay Chaudhari • 5 min read • Last month

PwC

Australia's big banks boost provisions as profits grow

Rising margins pressure and a Middle East supply shock are testing lenders, even as provisions and capital buffers are lifted.

By Karen Joy Bacudo • 4 min read • Wed, 20th May 2026

Data Protection

Using AI in your ERP? You should know where your data goes

Finance teams need to know whether ERP AI queries cross borders, because model routing can affect sovereignty, compliance and audit trails.

By Annexa • 5 min read • Wed, 20th May 2026

Fintech

Australia tests tokenised finance in Project Acacia

Settlement could become faster and cheaper for wholesale markets, but regulators say tokenised finance still needs new rules and infrastructure.

By Karen Joy Bacudo • 4 min read • Tue, 19th May 2026

Telstra

Aware Super completes TelstraSuper merger in 9 months

About 85,000 TelstraSuper members have been transferred into Aware Super, creating a fund with about 1.3 million members and AUD $235 billion.

By Mark Tarre • 3 min read • Thu, 14th May 2026

Data Protection

Australian budget boosts AI, but cyber gaps remain

Despite welcome AI funding, tech leaders say small firms still lack the cyber defences needed to adopt new tools safely.

By Mark Tarre • 13 min read • Wed, 13th May 2026

Security Operations Centres

Brennan boosts sovereign SOC as demand shifts onshore

Local delivery is helping Brennan lift services revenue by about 20 per cent as government and critical infrastructure buyers seek onshore cyber control.

By Catherine Knowles • 4 min read • Wed, 15th Apr 2026

Data Protection

World Backup Day warns firms on data recovery gaps

Many firms still fail recovery tests, leaving cyber attacks or outages able to halt services and expose critical data.

By Stuart Dahlenburg • 3 min read • Tue, 31st Mar 2026

Digital Transformation

Making cyber threat intelligence work: closing the intelligence paradox

Businesses must turn generic cyber threat data into tailored, actionable intelligence or risk paying more for security that feels no safer.

By Nigel Hardy • 5 min read • Wed, 11th Mar 2026

Global Stories

Australian Prudential Regulation Authority stories

Digital Transformation

Insicon Cyber adds F5 AI tools to boost governance

Weak public trust and tighter oversight are pushing Australian and New Zealand firms to add live AI security controls before systems go into production.

By Sean Mitchell • 4 min read • 4 days ago