Three levers tightening up the cyber security of Australia
Conclusion: There are three levers being applied to the cyber security maturity of specific parts of the Australian economy. These three levers are the Notifiable Data Breaches Scheme, the Security of Critical Infrastructure Bill, and Prudential Standard CPS 234 “Information Security”. These levers each address an area of importance for the national economic wellbeing, and organisations should look at all three for insight into what is now expected to constitute reasonable and appropriate practice in cyber risk management. In turn, they address the importance of data value to customer trust, the importance of system control and supply chains to national security, and the importance of resilience to our economy.