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Digital Transformation

The Industry Reacts: Can we make AI work in Australia’s national interest? Visa Visa new AI banking assistant to be adopted by financial firms Australians using AI to guide purchasing finds Zip The industry speaks – part 2: AI Appreciation Day 2026 51% of banks boosting productivity with pilot AI Submissions and nominations are now open for the Australian AI Awards 2026 PODCAST: Trust is the new attack surface, with ThreatLocker APAC director of operations Emile Barakat Need to Know: Aussie workers are increasingly exposing customer data to public AI OpenAI’s Altman won’t accept anything under a $1tn IPO valuation Bendigo Bank has over 3k ideas for agentic AI use AI is running two races – revenue growth and stable economy, says Citi CEO ANZ Bank CIO announces new technology strategy ABC’s Anthropic partnership will see AI generate articles Nine, Microsoft partner for AI use in news Op-Ed: What happens when access to intelligence is no longer your decision? Legal trouble: Misleading AI images could lead to millions in fines PODCAST: Why cyber security’s next battle will be won by speed, with Qualys CEO Sumedh Thakar AI costs lead businesses to rethink their AI investment Bendigo Bank wants to have Australia’s first agentic SOC, but will human workers pay the price? 3 in 4 consumers would ditch a company if it suffered a major cyber attack Bankers warn of central market crash thanks to AI boom Artificial intelligence adoption surged in 2024–25, ABS reports Productivity Commission says the productivity slump can be cured by AI APRA instructs major lenders to share cyber insights AI law firm wins court case in legal profession first Major UK bank to launch over 1,000 new AI roles CPA warns against using AI tools and ‘finfluencer’ advice when tax time comes Suncorp trials agentic AI in insurance claims processing Calls for AI education grow louder
PODCAST: Beware AI and influencers, NSW Rural Fire Servic...
Robyn Tongol · 2026-06-26 · via Digital Transformation

This week, Cyber Uncut looks at important tax time advice, a string of Aussie hacks that have exposed sensitive personal information, and the Australian Signals Directorate’s decision to retire the Essential Eight.

CPA Australia has a warning this tax time, and that is to be very aware of taking tax advice from AI chatbots and financial influencers. An AI hallucination could cost you real money, so this is something to pay attention to!

It’s been a terrible week for data breaches in Australia, with the NSW Rural Fire Service warning its members of a data breach, and a ransomware actor dumping teacher and student data from the Reynella East College breach onto the dark web. Right now, cyber criminals are no doubt combing through the data, making this breach one that parents should pay attention to.

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Finally, the ASD has said that, as good as the Essential Eight is, it’s no longer fit for purpose in the AI age. Find out what’s going to replace it, and then stay tuned for an update on the alleged distributed denial-of-service (DDoS) attack that took down a One Nation website a couple of weeks ago.

Just another week in cyber security.

Enjoy,
The Cyber Uncut team

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