Most Australian executives wary of announcing cyber attacks and online strategies amid increased demand for transparency
ABCAustralian executives remain wary about publicly disclosing cyber attacks and cyber strategies, despite growing demands for transparency. Key points: PwC survey finds 90 per cent of Australian respondents worry cyber transparency is a risk to competitive advantage Australian organisations are more reactive than their global counterparts to cyber incidents The Australian Cyber Security Centre warns attacks are increasing in frequency, scale and sophistication A new survey suggests 90 per cent of Australian executives are still concerned publicly sharing information about cyber attacks on their businesses could hurt their bottom line and lead to a loss in advantage over their competitors. It also indicates Australian organisations are more reactive to cyber incidents than their global counterparts, with more companies invoking plans after an incident has occurred, rather than anticipating attacks in advance. "Sharing cyber threat intelligence and reporting all cyber security incidents … are key to building a truly national threat picture," a spokesperson said.
History of this topic
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