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Cyber Defence Monitor 2017:
Australia

With varying levels of investment, readiness and confidence, cyber security in Asia Pacific represents one of the most dynamic regions in this year’s Cyber Defence Monitor.

​You’re ready to protect your organisation. 

Are your board and your IT department on the same page?
 

Cyber security may be a top board room priority, but what does that mean in practice? We talked to over 1,200 people around the world from two distinct groups within companies: senior executives and IT decision makers.
Close examination of the responses to our survey suggested that, while these two groups agree on many things, they often do so from very different perspectives, symptomatic of a lack of clear communication and agreed basic information shared between executives and IT leaders.
 
 

Among our findings:

  • 73% of Australian C-Suite respondents and 77% of Australian IT Decision Makers think a serious attack on their organisations is only a matter of time. This compares to 57% of C-Suites globally.
  • The Australian C-Suite are the most confident globally their business is well-equipped to prevent an attack, at 97%, versus 84% globally.
  • 57% of C-Suite executives view cyber security as the most significant challenge their business is facing, 73% believe they’ll be attacked in the next year and over three quarters aren’t confident they have all the necessary skills in place to deal with a successful attack.
  • Australia is the only market where C-Suites estimate the cost of a serious, successful cyber-attack to be higher than ITDMs – at AUD $35.63 million, revealing a stark difference in their perception of the potential financial impact.
  • More than three times as many C-Suite executives than ITDMs think that human error will enable a cyber attack (83% versus 24%), demonstrating Australian C-Suite respondents have far less faith in their people than the IT team.
  • More Australian ITDMs think an attack would likely be through attackers breaching their network from outside (39%).
 

Australia

Cyber Defence Monitor 2017: Australia