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Information security and data protection leaders call for action
InfoSec panel | Sydney, NSW
Industry leaders came together to discuss the urgent challenges facing Australian businesses. Key takeaways included:
- Breaches are inevitable: Leaders need to shift focus beyond deterrence and protection to resilience, rapid response and recovery in order to thrive.
- Cybersecurity as a business risk: Cybersecurity is not just an IT issue, it's a core business risk and a strategy that boards and CEOs must own.
- Proactive approach: Move beyond compliance and adopt a proactive, risk-based approach. Regularly test cybersecurity plans.
- Common governance and operational failures: Lack of understanding of digital dependency, failure to assign responsibility, and belief in perfect security.
- Legal and regulatory landscape: Evolving laws and regulations require understanding of reporting obligations and potential legal consequences.
- Human element: Most successful attacks exploit human vulnerabilities, highlighting the need for user education. Leaders must ensure employees are digital natives.
