ASIC on cyber resilience

The Australian Securities and Investments Commission (ASIC) has released a report to assist the Australian financial sector to improve cyber resilience. Suggested ‘health check prompts’ to cyber-risk management include:

  • whether the board and senior management are aware of the entity’s cyber risks
  • whether key third-party providers or clients are cyber resilient, and
  • whether employees and contractors are properly trained to deal with cyber risk.

Link: Asic Report