News
Inside the CBA war room where AI bots fight an army of fraudsters
1+ week, 2+ day ago (265+ words) AFR CBA's "Pollen" team uses AI honey pots to trap scammers in automated chats, gathering intelligence at 100 times the scale previously possible by humans. The fight against financial crime has become an AI arms race, with CBA using advanced "Claude…...
Professional Services | Latest News & Analysis | The Australian Financial Review | AFR
10+ mon, 2+ week ago (764+ words) The public sector advisory firm is on track to recover from a hefty loss last year, while announcing that former CEO Richard Gwilym will leave the group. Concerns about external capital evaporate when consultancy partners are offered millions of dollars…...
In an age of distrust, decentralised AI could be the way to go
2+ week, 4+ day ago (107+ words) Bitcoin introduced the world to open-source, permissionless money, reducing the need for bank intermediation. That approach could ease the misgivings about AI. The recent visit of Anthropic chief executive Dario Amodei generated headlines about data centre investment in Australia and…...
Anthropic's Mythos puts banks on edge in rush to fix cyber risks
3+ day, 11+ hour ago (91+ words) AFR The country's major banks are increasingly concerned about the ability of next-generation artificial intelligence models like Anthropic's Mythos to compromise their systems, and say they are escalating their efforts to defray the risk that cybersecurity defences could be seriously…...
New security unit to tackle "catastrophic" AI-enabled bioweapons
5+ day, 17+ hour ago (98+ words) AFR The Albanese government has set up a new high-level national security taskforce to tackle the potential threat of bioweapons falling into criminal hands, as industry experts warn Australia is dangerously exposed to catastrophic risks posed by rapid advances in…...
Anthropic's new Mythos model "accessed by unauthorised users'
1+ week, 2+ day ago (80+ words) The tech start-up has limited the release of the new tool because of concerns about its potential for misuse. A small group of unauthorised users has accessed Anthropic's new Mythos AI model, media reported on Wednesday, citing documentation and a…...
The world wakes up to AI's dangerous power
1+ week, 4+ day ago (33+ words) AFR Growing resentment among voters is turning AI into a political lightning rod. A laissez-faire approach is no longer politically tenable or strategically wise....
Australia exposed to hackers by lack of access to Anthropic tool
2+ week, 4+ day ago (212+ words) The AI giant's decision to keep its powerful new cybersecurity model in US hands puts Australia in a dangerous position, a top cybersecurity expert warns. Anthropic's decision not to immediately share its powerful new artificial intelligence model with Australian businesses…...
Core Logic accused of "systematic and wholesale" hacking by rival
2+ week, 5+ day ago (188+ words) Construction industry analytics platform Hubexo told the Federal Court its rival's staff hid behind puppet accounts to harvest its proprietary data. Senior employees at one of Australia's biggest real estate analytics companies, Core Logic, openly discussed the years-long scraping of…...
Bessent, Powell warn bank CEOs about Anthropic model cyber risks
3+ week, 1+ day ago (288+ words) Bessent, Powell warn bank CEOs about Anthropic's Mythos cyber risks'AFR US Treasury Secretary Scott Bessent and Federal Reserve chair Jerome Powell summoned Wall Street leaders to an urgent meeting on concerns that the latest artificial intelligence model from Anthropic, Mythos,…...