Next year, Australia’s Mandatory Data Breach Scheme will come into effect. This is going to mean big changes for a lot of Australian businesses. Although Cyber Security is considered important, it isn’t always at the centre of business conversations. And there continues to be a question over should be leading the charge. But the Australian Government is looking to change that.
Minster Ellison’s 2017 Cyber Security Report found that their board respondents said “IT departments remain principally responsible for cyber risk management, compliance and review activities.”
It seems that education may be the primary cause of this misconception, as one of the study’s key findings was that “awareness of cyber risk has increased as the problem grows — but concrete actions have not changed.”