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Cyber attacks are increasing in complexity, likelihood, impact and volume.
The World Economic Forum has listed cyber attacks as the third most likely catastrophe, behind extreme weather events and natural disasters; and according to ASIO, Australia is the second likeliest target nation of the APAC region.
Among the wealth of high-risk sectors, Finance, Healthcare and the Public Sector are ranked at the top – with espionage accounting for 80 per cent of breaches and nation states accounting for 75 per cent of threat actors.
With the ever-increasing number of opportunities to embed technology into our organisational systems and processes, the effects of cyber-attacks are becoming progressively pervasive.
With this in mind, the Victorian Government’s first cyber security policy outlines a coordinated approach to threat response that involves all business decision makers; and ensures continuity of government services and systems following a serious threat.
It acknowledges that cyber prevention and resilience is a business issue, not just an IT one; and equips all business leaders with the support they need to make safe and informed choices, when implementing technology to improve customer experience and enterprise innovation.
Victoria’s first Whole-of-Victorian-Government Chief Information Security Officer, John O’Driscoll, was appointed in October 2017 to lead the cyber security transformation.
Mr. O’ Driscoll is due to speak at ISACA’s Oceania CACS Conference -3-4 September in Melbourne, where he will outline details of the 23-point strategy – including its approach, focus on partnering and risk, progress-to-date and challenges and lessons learned from implementation.
In a heightened climate of risk, the conference takes a fresh look at the cyber security policies that are being rolled out in various high-profile organisations – with a view to uncovering best practice approaches.
Now in its fourth decade, the event has firmly established itself as the leading IT governance event in Australasia.