The Gadens Regulatory Recap has highlighted several actions from financial and legislative regulators in Australia. These include ASIC breach reporting amendments which will soften rules on reporting certain breaches and extend reporting deadlines from 30 days to 90 days. The ASIC has also identified issues with financial reporting disclosures, updated guidance on insolvent trading, and launched a MOU to increase information sharing among insurance supervisors. APRA and ASIC have also released discussion papers on insurance data transformation and published annual reports that outline their recent activities.
Microsoft to Offer Rewards Up to $30,000 for AI Vulnerabilities
Microsoft has launched a bug bounty program offering up to $30,000 for identifying critical AI vulnerabilities in Dynamics 365 and Power Platform. The initiative, part
