The Australian Institute of Company Directors (AICD) and the Cyber Security Cooperative Research Centre (CSCRC) have released a new set of governance principles to help organizations strengthen their cyber resilience.
The Principles have been informed by extensive consultation with government, industry experts and the director community. They provide a practical framework for effective board oversight across five key areas:
- Roles and responsibilities
- Cyber strategy development and evolution
- Incorporating cyber into risk management
- Building a cyber resilient culture
- Preparing and responding to a significant cyber incident.
Commenting on the launch the Australian Government Minister for Cyber Security, Clare O’Neil said, “Building our nation’s cyber resilience is crucial. This will require a huge collective effort across government and industry, with company directors having a critical role to play. These Principles provide a clear picture of cyber security best practice for organizations across the whole economy.”
AICD Managing Director & CEO Mark Rigotti MAICD said, “We are delighted to be releasing these Principles with the CSCRC. Cyber security is a crucial area for boards and we know they are looking for as much support as possible. Building cyber resilience within organizations is ultimately about building resilience across the nation as well as capacity within our teams and organizations.”
Obtain the framework (PDF).