In April 2025, hackers exploited the lack of multifactor authentication in major Australian superannuation funds, stealing AU$500,000 from AustralianSuper accounts. The breach highlights urgent cybersecurity gaps and has sparked a push toward AI-driven threat detection to protect Australians’ retirement savings from evolving digital threats.

AI holds the power to reshape cybersecurity, from creating unstoppable computer viruses to building super defense systems. This report explores the dual potential of AI, the ethical dilemmas it raises, and whether offense or defense will ultimately prevail in the technological arms race.

Fujitsu has unveiled a groundbreaking multi-AI agent security technology designed to combat new cyber threats. This innovative system coordinates specialized AI agents to simulate attacks, develop defenses, and ensure business continuity. With field trials starting in December 2024, Fujitsu is set to revolutionize AI security worldwide.