On 27 June 2023, the Australian Prudential and Regulation Authority (APRA) announced it would impose on Medibank Private a capital adequacy requirement of $250 million.
Proceedings against social media giant Facebook demonstrate that the jurisdiction of the OAIC extends even to companies located predominantly outside of Australia.
On 26 July 2023 the Federal Court ordered two Facebook subsidiaries, Facebook Israel Ltd and Onavo Inc to each pay a pecuniary penalty of $10 million for engaging in misleading...
Regulatory activity in the first half of 2023 has included a joint investigation into Latitude Finance by the OAIC and New Zealand's Office of the Privacy Commissioner.
The recent findings of a review by the Administrative Appeals Tribunal into the practices of facial recognition software service Clearview provide valuable insights into the extra-territorial application of the Privacy...
On 16 February 2023 the Attorney-General's Department published the Privacy Act Review: Report 2022, which included three significant areas for reform.
From 17 August 2023, responsible entities will be required to have a written CIRMP in place or run the risk of contravening the CIRMP Rules and the SOCI Act.
Countries around the world have started assessing and implementing regulatory frameworks to manage the risks posed by AI. This update provides a snapshot of the current AI regulatory landscape in...
GPT-4 is arguably the most advanced of all AI chatbots to date, with the ability to 'read' and 'interpret' images as well as text. What are its benefits and shortcomings?
The application of intellectual property laws, in particular copyright principles, to the creation and use of AI-generated works raises nuanced questions of copyright ownership and infringement.
The Information Age is witnessing a major shift brought about by advancements in artificial intelligence (AI). While the technology itself isn't new (albeit it's more advanced), what's unique is the...
In November 2022, the Australian government announced it was considering new laws to make it illegal for companies to pay ransoms to cyber criminals, and that it would increase penalties...
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