Digital Identity stories
The app’s 3 million users will see no immediate changes as ownership shifts to Bolt Group, with the deal due to complete by June.
Fraud is eroding trust in digital services, with 56% of Australians saying they have already suffered online scams or identity theft.
The new system aims to help businesses turn stalled generative AI pilots into measurable returns by unifying customer data and oversight.
Machines now account for most cloud identities, leaving firms exposed to faster attacks, over-privileged access and AI-driven risks.
The hire comes as enterprises in Asia Pacific and Japan face rising demand for identity security in AI-driven systems and real-time access control.
Organisations face a growing gap in controls as AI agents and machine identities outpace perimeter defences and widen credential-based attack risk.
Banks and government agencies face a wider mobile fraud threat after researchers tied fake Android apps to a Cambodia scam compound.
A 1,151% jump in iOS injection attacks in late 2025 has put mobile identity checks under fresh pressure, iProov says.
Weak identity controls are now driving most attacks on Australian organisations, with breaches hitting revenue, customers and supply chains.
The approval lets defence bodies use 1Kosmos’s identity platform for sensitive workloads, tightening access controls against phishing and credential theft.
Trusted data can cut fraud, speed onboarding and reduce manual reviews as banks try to balance customer ease with tighter controls.
MiCA rules are pushing crypto exchanges to tighten onboarding checks, as Bybit EU seeks smoother customer verification across the EEA.
Breaches in large cloud environments are increasingly tied to weak identity controls, misconfigurations and poor data sovereignty governance.
Poor logins are pushing 68% of consumers to abandon or switch providers, as trust in AI and data handling lags sharply.
Almost nine in 10 New Zealanders worry about online identity theft as Experian says fraud losses and AI scams are climbing.
Financial institutions could cut manual checks as a Fujifilm-DoxAI tool scans identity and income records for fraud in New Zealand.
Patients could soon move between doctors and hospitals with their records intact as Ottawa moves to force health software to share data.
AI-led payments are moving into Thailand’s checkout process, with a controlled pilot showing how a ride can be booked and paid for automatically.
Authenticated AI payments in Singapore and Malaysia could set the standard for cross-border commerce, with banks weighing fraud and consent risks.
Tighter onboarding could ease Bybit EU’s MiCAR compliance burden as the exchange expands identity verification across eligible EEA markets.