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Perspectives on Cyber Risk 2017

Perspectives on Cyber Risk 2017

March 17, 2017 5:00 PM | Posted by Paul Kallenbach | Print this page

We are delighted to announce the publication of our second annual cyber security survey report, Perspectives on Cyber Risk 2017.

The 12 months since the publication of our last report has seen some of the most devastating cyber incidents yet.  No organisation type or industry has been spared.  From finance, retail, hospitality and healthcare, to mining and resources, utilities, professional services and education – it's clear that everyone is fair game in cyberspace.

In the context of an increasingly stringent regulatory landscape, and the ever increasing interconnection of organisations across the supply chain, it has become clear that cyber security is a business, economic and national security priority, which requires that a culture of cyber resilience be woven into the fabric of public and private sector organisations' overall risk management approach.

Key survey findings

  • Awareness of cyber risk has increased as the problem grows – but concrete actions have not changed
  • Despite concerns about the increasing cyber threat, organisations remain complacent about reviewing and testing their own cyber resilience
  • Cyber security is still (wrongly) seen as being primarily an IT issue 
  • The privacy landscape is changing – both in Australia and overseas 
  • The increasing uptake of cyber insurance indicates some willingness to act on managing cyber risk

You can download the report here.