APRA stories

RecordPoint appoints Brett Hooker as its first COO to drive global growth and enhance operations amid rising demand for data and AI governance solutions.

RecordPoint has acquired Australian AI firm Redactive to enhance its AI data security and governance solutions for regulated industries globally.

Australia sees a 17% rise in data breaches as AI-driven threats on hybrid cloud systems surge, prompting tighter APRA regulations on cybersecurity compliance.

A report warns Australian firms must close supply chain and cyber security gaps as 80% foresee geopolitical risks impacting operations in the next year.

Australian firms face rising IT outages and trust drops, making automation and AI vital for resilience ahead of APRA's CPS 230 compliance by July 2025.

Borderless CS launches a AUD $5,000 flat fee for end-to-end cybersecurity testing, simplifying costs for the first 50 organisations during September 2025.

In 2024, data breaches threaten business survival as regulators enforce stricter cybersecurity rules and firms must manage vast unstructured data with care.

APRA's new rules make boards in Australia’s financial sector directly accountable for robust data governance and cyber risk management amid rising threats.

Binance has appointed fintech veteran Matt Poblocki as General Manager for Australia and New Zealand to drive growth in the region’s digital asset market.

A Commvault study reveals most ANZ businesses overestimate cyber readiness, with only 12% rating their incident resilience as excellent amid rising attacks.

APRA demands super funds boost cyber security, mandating multi-factor authentication by August 2025 to protect member savings from rising cyber threats.

In 2025, privacy demands more than compliance; organisations must embed it into culture, governance and cyber risk to meet rising regulatory and societal expectations.

Airwallex appoints a new board for its SVF unit as it nears an ADI licence in Australia, following a USD $300 million funding round valuing the company at USD $6.2 billion.

Cyberattacks have drained AU$500,000 from Australian super funds, exposing 12.6 million members and prompting calls for stronger, layered digital defences.

Google Cloud expands its Risk Protection Program to Australia, partnering with Beazley and Chubb to tackle rising cyber threats and meet regulatory demands.

Several Australian superannuation funds suffered cyberattacks in April 2025, compromising thousands of accounts and raising urgent security concerns.

APRA-regulated entities in Australia must prepare for the upcoming CPS230 deadline, a shift aimed at enhancing operational and third-party risk management.

FinTech Australia is urging the government to revamp R&D tax incentives as investment in early-stage fintechs declines, risking a two-speed sector.

New APRA regulations demand Australian financial firms enhance cybersecurity measures or face hefty penalties, after rising data breaches affect millions.

Australia's Parliament has passed the Cyber Security Act, mandating businesses to report ransomware payments within 72 hours to bolster national security.