The rapid increase in ransomware attacks in Australia and resultant disclosure of sensitive personal information has placed Boards and Executive Leadership Teams under increased scrutiny to ensure that an appropriate Cyber Security Strategy is being implemented within organisations.
ASIC has put Boards “on notice” that directors will be held personally responsible for cyber security failures, and the regulatory landscape has fundamentally shifted. The Cyber Security Act 2024 (Cth) is a landmark piece of legislation in Australia aimed at strengthening the nation’s cyber security posture. This combined with the enhanced Privacy Laws introduce new obligations and standards for Australian organisations to ensure they implement a holistic approach to cyber security which addresses cyber security risks and organisational resilience. Directors face real consequences, including: personal liability for inadequate cyber governance; regulatory action from ASIC for cyber security failures; reputational damage and shareholder litigation; continuous disclosure obligations during incidents; and potential prosecution for inadequate cyber resilience planning.
CyBiz delivers world-class cyber resilience capabilities designed specifically for Australian Boards and Executive Leadership Teams facing today’s threat landscape.
Strategic Cyber Governance
Crisis Preparedness & Response
Executive Education & Competency Building
Partnership with Global Experts Working alongside Sygnia and leading legal firms, CyBiz delivers world-class cyber resilience capabilities designed specifically for Australian boards facing today’s threat landscape.
Other Services We Provide
Cybersecurity Governance and Strategy
Cyber Security Risk Assessment and Penetration Testing
Cyber Security Incident Response
Cybersecurity Legal and Compliance
Cyber Security Training & Preparedness
