“eSafety and indeed the wider community, expect that all online services, should be taking all reasonable steps to prevent their services from being used to store, share and distribute this horrific content and that’s what these standards are intended to achieve.”
Read More Australia’s eSafety Commissioner Opens Draft Industry Standards to Public Consultation
ASIC will take further enforcement action to protect Australian consumers and small businesses in an environment where scams, digitally-enabled misconduct and predatory lending practices are increasingly prevalent.
‘We are responding to key trends and emerging issues in the regulatory landscape, where there are major shifts across sustainable finance, the digital and data economy, and an ageing population.’
‘We are also closely monitoring the development and use of artificial intelligence and what this means for the businesses and markets we regulate and exploring potential uses of this and other technologies within ASIC,’ Mr Longo said.
Read More ASIC’s Corporate Plan: Focus on Protecting Vulnerable Consumers and Small Businesses in 23-24
Consumer groups and the financial counselling sector have welcomed the launch of a new customer code for the energy sector.
The Knock to Stay Connected customer code requires network companies to visit people at risk of disconnection and encourages them to outline the support and referral services available if the customer is having payment difficulties, with the aim of keeping them connected.
Read More Knock to Stay Connected: National Customer Code Welcomed by Consumer Groups
AI is a rapidly growing area and increasingly relevant to our everyday lives – both positively and negatively. The Australian Federal Government has now opened consultation on the safe and responsible use of AI.
Read More Consultation Opens on Artificial Intelligence
Australia’s eSafety Commissioner has made the decision not to register two of eight online safety codes drafted by the online industry as they fail to provide appropriate community safeguards to deal with illegal and harmful content online.
Read More eSafety Commissioner Accepts Some, Rejects Others in World-First Industry Codes
The extensive growth in Artificial Intelligence (AI) programs by the world’s most advanced economies has highlighted the need to effectively use the standards process to promote, develop and realise the opportunities of responsible AI, delivering business growth, improving services and protecting consumers. Standards Australia has released the Artificial Intelligence Standards Roadmap: Making Australia’s Voice Heard. This comprehensive…
Read More Artificial intelligence – Standards Australia roadmap
Artificial Intelligence (AI) is one of the most transformative forces of our time, and is bound to alter the fabric of society. Over the last decade, major advances were realised due to the availability of vast amounts of digital data, powerful computing architectures, and advances in AI techniques such as machine learning. To ensure that…
Read More Artificial Intelligence and ethics