How to innovate while recognising your compliance risk? Too often, the result is either a rush into risky, unregulated tools or complete hesitation in the face of complexity.

This hesitation in the latter’s case is understandable given the complex web of emerging regulations, from the Australian Voluntary AI Safety Code to strengthening Privacy Act reforms and expanding Security of Critical Infrastructure Act obligations, but it does mean the business misses out on the AI opportunity.

"We're seeing two extremes," Gavin Knight, AI Program Manager at Queensland-based MSP Quadtech, said. "Either businesses are diving headfirst into whatever AI tool they can find, without deep review or consideration of the risks, or they're sometimes paralysed by the uncertainty and doing nothing at all. Ne

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