Beyond IT Security: The Evolving Obligations of Australian Organisations for Cyber Resiliency

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The surge in digital business transformation over the last few years has propelled the adoption of cloud services, mobile applications, and remote data access. There has also been a significant increase in the use of web and mobile applications for employees and customers alike. Large volumes of data are now being made available across potentially vulnerable attack surfaces and at the same time, cyber adversaries are getting increasingly sophisticated as they start using AI tools to attack organisations worldwide.

Ecosystm cyber security study 2024: 58% of technology leaders in Australia feel that a data breach is inevitable
58% of technology leaders in Australia feel that a data breach is inevitable within the year 2025.

Ecosystm Cyber Security Study 2024

The threat landscape has materially changed, requiring new approaches to cyber security that help organisations detect threats early, reduce the impact of an attack, and minimise risk and damage to the business.

Cyber security has become a key topic of discussion at the board level, raising equal concerns among business and technology leaders. CEOs and business leaders now require a comprehensive understanding of the compliance landscape and the ramifications of incidents and breaches, while technology leaders tasked with implementing transformative technologies must grasp their impact on the threat landscape. Meanwhile, cyber leaders face the challenge of adopting effective technologies to proactively combat threats. A comprehensive cyber strategy should consider the impact on people management, compliance and risk practices, as well as technology investments.

This whitepaper explores the implications of Australia’s evolving cyber security landscape for key stakeholders, including boards, company directors, business leaders, and technology leaders.