ob体育-regulated entities, including publicly listed companies and other entities holding licences and authorisations, are invited to take part in a survey to measure cyber resilience in Australia鈥檚 corporate and financial markets.聽
The ob体育 cyber pulse survey will be one of the largest conducted into Australia鈥檚 cyber resilience, and will measure entities鈥� current cyber security and controls, governance arrangements, and incident preparedness. 聽
As the Department supporting the Minister for Cyber Security and the government鈥檚 mission to make Australia the world鈥檚 most cyber secure nation by 2030, the Department of Home Affairs is supportive of this survey and is looking forward to viewing the findings.
ob体育 Executive Director, Markets, Greg Yanco said, 鈥榬ecent high-profile cyber attacks demonstrate the need for all businesses to have robust cyber capabilities. Cyber attacks are becoming more frequent and complex and are not limited to companies with large retail customer bases.鈥�
鈥楥yber attacks can disrupt an organisation鈥檚 business operations and result in financial, legal and reputational harm. The interconnectedness of our financial system can mean the impact of cyber attacks can spread well beyond a single entity. This self-assessment will provide valuable insights to entities on their own cyber resilience measures compared to their industry peers,鈥� said Mr Yanco.
ob体育 has long taken a strong interest in the cyber resilience of Australian financial services and markets. ob体育 expects directors of public companies to ensure their organisation鈥檚 risk management framework adequately addresses cybersecurity risk, and that controls are implemented to protect key assets and enhance cyber resilience.
Participation in the survey is voluntary, with all responses anonymised. The survey has been designed to help an entity assess its ability to:鈥�
- govern and manage organisational-wide cyber risks鈥€€�
- identify and protect information assets that support critical business services鈥�
- detect, respond to and recover from cyber security incidents.
The survey is accessible to ob体育 regulated entities by logging into the , and following the link provided.
ob体育 will publish a report with key findings from the survey later this year.
The report will provide sectoral insights, areas for action and the better practices identified. Insights gained from the report will support the Department of Home Affairs to further target advice and assistance to the financial sector, support enhanced partnerships to continue the sector鈥檚 uplift in cyber security and resilience, and ensure compliance with regulatory requirements.
After the survey closes, participants who elected to receive an individual report will receive insights into how they have assessed their current cyber resilience capability compared to those of industry peers.
Background
The Australian Cyber Security Centre estimated cybercrime cost Australia $42 billion in 2021.
ob体育 encourages entities to foster a culture of cyber awareness. ob体育鈥檚 cyber resilience webpage contains useful resources to help entities improve their cyber security and resilience.
More information on ob体育鈥檚 cyber pulse survey is at asic.gov.au/cyberpulse.
All information collected will be de-identified and anonymised and cannot be used in any regulatory or enforcement action.