CPA Australia has cautioned that the accelerating use of AI by businesses may bring new cybersecurity risks.
The warning comes after findings from CPA Australia’s latest Business Technology Report 2025 highlighted that 18% of Australian businesses reported experiencing loss of time or money because of cyber incidents over the past year.
The report, which surveyed 1,117 accounting and finance professionals throughout the Asia-Pacific region, points to a particular vulnerability among smaller businesses.
CPA Australia business investment and international lead Gavan Ord said: “As AI tools become more integrated into financial systems and workflows, they also create new cybersecurity vulnerabilities that businesses must proactively manage to avoid substantial financial and reputational damage.”
The survey reported that 14% of Australian companies were found to have…