Commonwealth Bank of Australia's technology chief has led calls for increased cooperation among businesses and public sector agencies regarding cyber attacks, following the release of a government report highlighting increasing threats.

The government's peak cyber security agency the Australian Cyber Security Centre (ACSC), released an annual threat report on Wednesday morning, warning that government agencies were being compromised by hackers and that many businesses were too secretive about the threats they were facing.

While security industry insiders said the report did little to provide new information or practical advice about well-known threats, CBA's chief information officer David Whiteing told The Australian Financial Review he viewed it as an important contribution to a nation-wide effort to uplift the awareness of security teams and the general public

The report provided anecdotes about recent assistance that government departments and private sector organisations had needed from The Australian Signals Directorate (ASD) in tackling cyber attacks

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James Turner

About The Advisor

James Turner

James Turner is an IBRS emeritus Advisor who specialised in cyber security and risk and facilitates the CIO Cyber and Risk Network on behalf of IBRS. James has over a decade of experience as an industry analyst and advisor; researching the cyber security industry in Australia. As an IBRS Advisor, James authored over 100 IBRS Advisory papers, led dozens of executive roundtables, and presented at numerous conferences.