Mark Cameron

October 2024 Edition of the Australian Institute of Company Directors Magazine. #Cybersecurity ranks as the number-one concern for businesses, followed by financial, legal and regulatory risks, a new report has found. In partnership with YouGov, McGrathNicol surveyed more than 300 C-suite executives and board directors across Australian businesses with 50 or more employees. Cyber risk was a top-five concern for 2024 for 68 per cent of organisations, the highest of any risk category. The report found 71 per cent of organisations don't conduct due diligence on their key suppliers' cybersecurity practices, and over 75 per cent don't require mandatory reporting of cyber or data breaches affecting their suppliers. While 87 per cent of surveyed organisations were confident their business has a comprehensive insider risk management program in place, less than a third have implemented fundamental insider risk controls. Only 28 per cent use a risk-based vetting and due diligence framework for employees and suppliers or contractors, while only 27 per cent have education/awareness programs in place, and just 18 per cent have appointed an authority accountable for insider risk. BSI Learning #CybersecurityAwarenessMonth

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https://buff.ly/4cxpPQK 86% of Australian #IT #leaders surveyed cite a return of between two and ten times on their #data streaming #investments: #Confluent report #leadership #Ecosystems #Australia

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🤔 What’s driving Australians' trust in new retail technologies? The 2024 TRUST TREND report, led by Dr. Nadine Ostern, Cisco Chair in Trusted Retail, reveals key insights into what consumers need to feel confident in adopting innovations like self-driving stores and in-store tech: 🔎 Data transparency triples willingness to share health and fitness data when retailers clearly explain how it will be used. 📍 Enhanced personalisation doubles location sharing, as Australians are more open to sharing data when it improves their shopping experience. 🛍️ Tangible benefits boost trust, with customers more likely to share their shopping history when they see real value in return. However, trust isn’t without its challenges. Australians still have concerns about privacy, data breaches, and loss of human interaction, and retailers must address these to close the gap between tech innovation and customer adoption. Want to dig deeper into these trends and explore the future of retail technology? Download the full 2024 TRUST TREND report here: https://bit.ly/3ZLwHqE And don't miss the official report launch on October 23 at QUT (Queensland University of Technology)! Join leading researchers and industry experts as they dive into Australians' ‘techspectations’ and share forward-thinking insights on building trust in retail tech: https://bit.ly/3ZQuji2 Dr Shannon Colville Dr Scott Murray, AFHEA Amanda Gudmundsson Cameron Newton Reg Johnson James Stewart Terry Weber Gemma Alker GAICD ♾ Michael Rosemann Kevin Desouza Bree Johnstone Graeme Hughes Ben Youl Andre Korte Stephanie Martin Vibhor Pandey Crystal Cooke Laura Hurtado Lopez

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🌏 AI Adoption Report produced by the Australian Senate. The Australian Senate has just released a pivotal report on AI adoption. This comprehensive inquiry explores how we can embrace the transformative power of AI while mitigating its risks—ranging from workplace impacts to environmental challenges. Key takeaways: ✅ Proposing legislation for high-risk AI, ensuring transparency, accountability, and equity. ✅ Prioritising Australia’s sovereign AI capabilities, emphasising innovation with a local edge. ✅ Addressing the dual impacts on productivity and jobs, ensuring training and consultation for a future-ready workforce. ✅ Recognising the global stakes—aligning with international standards like the EU AI Act and Bletchley Declaration. The report champions responsible innovation, urging Australia to lead ethically and sustainably in the AI revolution. As generative AI reshapes industries, the balance between regulation and creativity is key. What does this mean for businesses, policymakers, and individuals navigating this AI-driven world? Let’s discuss. #AI #ArtificialIntelligence #Innovation #Policy #Sustainability #Australia #FutureOfWork

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Planning for the coming year with a relaunch of my consultancy to focus on new IT technologies and new opportunities.

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Have you had the opportunity to read ADITS' article, "A Deep Dive Into Australia's AI Ethics Principles"? From my perspective, AI ethics is more than just fixing problems, it involves a commitment to genuine accountability and transparency. As AI increasingly becomes part of our daily lives, from facial recognition to mental health apps, it’s important to focus on privacy and how we use data. Designing AI with privacy as a foundational element is not just a recommendation but a necessity for building a balanced and ethical future. Check this article out to see how these principles can make a difference. #AI #Ethics #DataPrivacy #ADITS

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🔍 Is Your Data Safe? Discover Why Backups Are Crucial for Every Business and School! A recent incident with UniSuper, a $125 billion Australian pension fund, underscores the critical need for robust backup strategies. Imagine losing access to your vital information for over a week—it's a wake-up call no organisation can afford to ignore. At Step Fwd IT, we delve into the UniSuper mishap and share invaluable insights on safeguarding your data. Learn why cloud services alone aren't enough, the pitfalls of over-relying on geographic redundancy, and how the 3-2-1 backup strategy can save the day. 👉 Read our latest blog post to ensure your business or school's data is secure and resilient. Your peace of mind starts with a solid backup plan. #DataProtection #BackupStrategy #DisasterRecovery #BusinessContinuity #TechInsights #StepFwdIT #YouUsTogether

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Conducting a strategic opportunity audit for AI in aged care: It's about transforming challenges into opportunities. AI isn't just for tech experts; It's a tool that can revolutionize aged care. Harnessing AI's power starts with identifying repetitive tasks. AI can automate: • Routine data entry • Appointment scheduling • Medication reminders • Monitoring patient vitals AI enhances personal care by: → Analyzing data to tailor services → Using predictive analytics for health issues → Ensuring compliance with regulations → Optimizing staff allocation AI solutions must align with: • Organizational goals • Compliance standards • Long-term objectives The benefits of AI include: → Reduced workforce pressures → Improved personal care → Streamlined administrative tasks Implementing AI involves: 1. Identifying tasks for automation 2. Analyzing data for service improvement 3. Ensuring regulatory compliance 4. Allocating staff efficiently 5. Aligning AI with goals Expect costs and time frames to vary. Set a realistic start date. Ensure your team is ready. If not, reassess and try again. If yes, proceed with implementation. You now have a roadmap to harness AI. Good luck! Transform Challenges into Opportunities: Partner with Us for a Strategic Audit

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Transitioning from Developer to Innovator  . #australia #perth #devsingh #devsinghperth #devsinghaus #TechJourney #Innovation #StartupCulture #WomenInTech #TechEvolution #IBM #FlexibleWork #TechBoom #AustralianTech #SalesAndMarketing #WomenInSTEM #CareerGrowth #TechInspiration #TechIndustry #Entrepreneurship #DigitalTransformation #TechLeadership #Startups #SouthAfricaToAustralia #TechStory #CareerDevelopment

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The Select Committee on Adopting Artificial Intelligence (AI) presented its extensive 222-page report to the Senate. This document outlines how they think AI can shape Australia's industries, workforce, and communities. After months of consultation - featuring 245 submissions, six hearings, and input from over 100 experts - the report provides insights and 13 actionable recommendations, such as: ✨ Encouraging investment in AI research and innovation to drive global competitiveness. 📘 Establishing clear guidelines to manage privacy concerns. 🛠️ Boosting AI education and workforce readiness to prepare Australians for emerging opportunities. 🔗 Strengthening collaboration between government, industry, and academia to foster responsible AI adoption. + Usual talking points 🙄 What’s your take on these findings? How do you see AI transforming Australia's future? Marina Ritchie ✨ David Martino Callum Golding James Milne Alyssa Le Cornu Mathew Gilbertson Brock Sperryn Shaun McLean Rebecca Tolhurst Theo Kristoris Shawn Zeppel John Goodacre Jason Nagy Waqas M. Nick Vlahos Shawn Butterfield Something about the 9 most dangerous words in the English language comes to mind 🤔 #AI #ArtificialIntelligence #TechnologyLeadership #InnovationAustralia

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Benefits of paid ads for Canberra businesses: ➡️ traffic ➡️ specific targeting ➡️ brand awareness ➡️ conversion tracking ➡️ competitive advantage ➡️ adjustable ➡️ global potential ➡️ full-control for advertisers ➡️ data transparency ➡️ cutting-edge technology ➡️ Better ROI ➡️ and sooo much more. Read our blog to learn more.

The "AI Forum: Embracing AI" event took place yesterday at Boola Katitjin, #MurdochUniversity. Organized by #DCAlliance, the forum aimed to ignite discussions on AI applications in Western Australia, bringing together industry leaders and experts to explore innovative solutions and business opportunities. Great to hear the different perspectives on AI Leadership and implementation factors including Ethics and Goverance Joshua J Morley GAICD to simulation and impact modelling David Lucido to spacial analytics AI and IOT Sarah A J., to legal prespecitves Schellie-Jayne Price. Krista Bell spoke about to data governance and and AI for Biosecurity was explored by Hamid Laga. It was chaired by Arnold Wong 黃衍亞 FACS, CP (Cyber), GAICD loved the creepy deepfake intro 😂 . It's great to see mutiple prespectives on strategy, planning and governance. A couple of thoughts: 🛡 'Keep a human in the loop.' 💡 'Just because you can does not mean you should.' ⚡ 'AI is an existential threat.' ⭐ 'The greatest risk may be not adopting.' 🔥 'Consider the legal implications of 'agents' in light of Air Canada ☄ 'Talk to the person who has a different view - this might be the most important conversation' when considering AI ethics. 💡 Be aware of 'stealth AI' Incorporating ethical considerations into AI development is not just a responsibility but a necessity to ensure technology serves humanity positively. ⚡ I compute, I analyze, I assist—but creativity and kindness remain uniquely yours.

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Australia is reshaping AI regulation! As new guidelines emerge, businesses should start aligning with the Voluntary Standards now. Prepare for the future and manage AI responsibly as mandatory regulations loom on the horizon. 🌐🔍 https://lnkd.in/gU8uYY83 #AIRegulation #BusinessCompliance #FutureReady

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New research from Microsoft and Mandala identifies Australia’s most promising opportunities in the new global AI economy   #AI #AInews #artificialintelligence #technology #tech #technews #GenAI #GenerativeAI #startups #startupnews #australianstartups #scaleups #scaleupnews #australianscaleups

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🚀 **Unlocking Australia's AI Economy Potential** 🚀 Exciting research from Microsoft and the Tech Council of Australia reveals that generative AI could add up to **$115 billion annually** to Australia's economy by 2030. Key highlights: **Economic Boost** - Significant contribution to the economy through productivity improvements and new innovations. **Productivity Gains** - Automation of repetitive tasks and augmentation of complex processes. **Innovation** - Creation of new products and services. **Collaboration** - Requires joint efforts from government and industry to upskill the workforce and ensure responsible AI practices. Australia is on the brink of a transformative AI-driven future! 🌟 #AI #GenerativeAI #Australia #Economy #Innovation #Tech I created this post using Microsoft Copilot mobile app

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Unlock the Power of AI: Spreading Innovation Across Queensland Businesses Discover how artificial intelligence is revolutionizing businesses in Queensland. Join us as we delve into the world of voice AI and its incredible potential. Stay ahead of the curve with the latest AI developments and learn how to implement them in your own business. #AIinnovation #QueenslandBusinesses #VoiceAI #AIimplementation #BusinessRevolution #ArtificialIntelligence #EmergingTech #DigitalTransformation #FutureofBusiness #BusinessGrowth

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