AFR Cyber Summit: ASIC to target boards that do not have cyber security systems in place – Insights

0
228

Cyber security is a key issue for boards and all companies and it continues to have a profound impact on the Australian business landscape. This week, our Digital Governance team attended the AFR Cyber Summit to hear how the Australian Government and ASIC are addressing some of the critical issues surrounding cyber security and how boards and companies can protect their business and deal with a cyber attack. 

The speakers at the summit included The Hon. Clare O’Neil Minister for Home Affairs and Cyber Security, Air Marshal Darren Goldie National Cyber Security Coordinator, ASIC Chair Joe Longo and several chief information security officers for Australian businesses.

Below are some of the messages given by these speakers and the key themes discussed in Q&A sessions throughout the day: 

Cyber security is a board-level concern

The Home Affairs and Cyber Security Minster Clare O’Neil and ASIC Chair Joe Longo said that cyber security is a top-level issue for boards. How small business deals with the issue is a concern for the government.

All speakers made it clear that boards should be looking at their business’s overarching cyber security resilience and…

Read More…