The ASX 100 Cyber Health Check Report was launched today by the Minister Assisting the Prime Minister for Cyber Security, The Hon Dan Tehan MP, at a ceremony in Sydney hosted by ASX Chairman Rick Holliday and also featuring ASIC Commissioner Cathie Armour.
The ASX 100 Cyber Health Check is the first attempt to gauge how the boards of Australia’s largest listed companies view and manage their exposure to cyber risk. It is an industry-led initiative that forms part of the Australian Government’s Cyber Security Strategy. The foreword to the report is written by the Prime Minister, The Hon Malcolm Turnbull MP.
The report demonstrates a high level of risk awareness at the top levels of corporate Australia and a commitment to take further action. The report also provides a framework for all Australian businesses to better evaluate their own effectiveness in addressing cyber risk and identifying opportunities to improve their cyber resilience.
All of the top 100 listed companies in Australia were invited to participate in the ASX 100 Cyber Health Check on a voluntary basis. Responses were received from 76 companies. The survey was conducted between November 2016 and January 2017.