🇦🇺Australia

Untested Systems Cost Overruns

1 verified sources

Definition

Poor test planning allows fraud loopholes in live systems, causing financial losses from unauthorized payments and data manipulation.

Key Findings

  • Financial Impact: AUD 50,000+ per incident in remediation and fraud losses
  • Frequency: Per system release or update
  • Root Cause: Inadequate test plan approval processes failing to identify fraud risks

Why This Matters

The Pitch: IT firms in Australia waste AUD 50,000+ per major vulnerability on remediation. Automation of test planning eliminates this risk.

Affected Stakeholders

QA Managers, IT Directors, CFOs

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Financial Impact

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Current Workarounds

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Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

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