Redefining cyber readiness
Are you really prepared?
New laws, and new expectations of what cyber readiness means for you
The Australian Parliament passed a suite of new laws in November 2024 to drive cyber resilience.
Australia's first Cyber Security Act along with updates to the Security of Critical Infrastructure and Intelligence Services laws are just one part of the Australia's 2023-2030 Cyber Security Strategy – an agenda to build systemic cyber resilience.
They include ransom payment reporting, new security standards for smart (IoT) devices, limits on how cyber agencies use information, and the creation of a Cyber Incident Review Board, as well as amendments to security of critical infrastructure laws.
To really prepare for the impact of the legislation however, you need to do more than react to the legislation.
Let's face it - a cyber-attack is inevitable. How your organisation responds to a major incident and how your CEO and Board responds is critical – and how you respond is constrained by what you have done to prepare.
At Ashurst, we understand clients need more than legal advice – they need holistic solutions to navigate the complexities of conducting businesses globally, to help reduce risk and promote business performance and success. Our global teams of legal, Risk Advisory and Ashurst Advance professionals work side by side to deliver a seamless service, bringing together the technical expertise and critical thinking required to operationalise laws and regulations.
Our insights look at the new legislation, regulator expectations and the bigger picture – how you can really prepare.
Interested in learning more?
Cyber readiness lessons from Australia's first privacy proceedings
We explore the lessons for robust cyber governance in light of the $5.8 million penalty after a major data breach.
Learn more
Redefining cyber readiness – Australia passes its first Cyber Security Act
Updates on the new cyber laws and commencement dates, and 3 cyber uplift activities you need to do to address the laws, as well as the underlying cyber risks.
Navigating the new laws
Redefining cyber readiness – Three ways to outpace Australia's new cyber laws
Insights on building the cyber readiness expected by regulators, the market and public - and to navigate an increasingly hostile cyber threat environment.
How to prepareMore from this series
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Changes to the SOCI Act are on the horizon
20 Dec 2024
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A clearer picture of the coming Cyber Security Bill and critical infrastructure reforms
06 Aug 2024
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Blue Screen of Death: Global CrowdStrike outage is a call to action
25 Jul 2024
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Australia's cyber strategy – a bold regulatory reform agenda
24 Nov 2023
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Typhoon Warning: an urgent cyber warning from international cyber agencies
29 May 2023
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Key contacts
This publication is a joint publication from Ashurst Australia and Ashurst Risk Advisory Pty Ltd, which are part of the Ashurst Group.
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For more information about the Ashurst Group, which Ashurst Group entity operates in a particular country and the services offered, please visit www.ashurst.comThe information provided is not intended to be a comprehensive review of all developments in the law and practice, or to cover all aspects of those referred to.Readers should take legal advice before applying it to specific issues or transactions.