Experts warn businesses about AI risks to sensitive data and the need for stricter control over information sharing
Australian businesses face growing cybersecurity risks as artificial intelligence becomes more powerful, with concerns mounting over the exposure of confidential data, intellectual property and sensitive government systems.
Dave Lemphers, CEO of Australian AI company Maincode, warns that businesses must better understand how AI platforms handle information uploaded by employees, particularly when it involves proprietary strategies, pricing and commercially sensitive data.
Recent cybersecurity incidents have highlighted AI’s growing dual role as both a defensive tool and a potential threat. While AI has helped researchers uncover critical software vulnerabilities, concerns over unauthorised access to systems have intensified scrutiny of how the technology is developed, tested and deployed.
Lemphers says greater control over AI infrastructure and data will be crucial as Australia seeks to strengthen its technological independence and reduce reliance on overseas providers.
His company is developing Matilda in Melbourne, as debate grows over whether Australian AI firms can compete with global technology giants on performance, price and security.
The challenge for Canberra is balancing investment from major international technology companies with the development of domestic AI capabilities that protect Australian businesses and national interests.
