Cyber security challenges and policy

Overview of Cyber security challenges and policy

Cyber threats continue to increase in scale, sophistication and impact, particularly across the financial services sector. Regulators now recognise cyber risk as a systemic issue, with growing expectations around governance, resilience and incident response.

Australian organisations must navigate a rapidly evolving landscape shaped by emerging technologies, including AI, increasing reliance on third-party providers, and heightened regulatory scrutiny. Recent high-profile cyber incidents and enforcement actions highlight the importance of proactive cyber risk management and organisational accountability.

About our course

This course provides a practical and up-to-date overview of cyber security risks facing financial services organisations, and the regulatory frameworks that govern them.

You will explore recent cyber incidents, including major Australian case studies, as well as key legislative and regulatory developments such as:

  • The Australian Cyber Security Strategy 2023-2030
  • Updates to the Security of Critical Infrastructure (SOCI) regime
  • Mandatory ransomware reporting requirements
  • Increasing enforcement action from ASIC

The course also outlines the key elements of an effective cyber risk management strategy, with a strong focus on building and maintaining cyber resilience across your organisation.

Program Content

  • The evolving cyber security landscape - key threats, vulnerabilities and real-world case studies
  • Regulatory frameworks and policy developments - including SOCI, ransomware reporting and regulator expectations
  • Cyber resilience and risk management - governance, controls and incident response planning
  • Practical strategies and tools - building organisational awareness, managing third-party risk and improving security posture

Learning Outcomes

  • Define cyber security and identify key risks for financial services organisations
  • Explain how governments and regulators are responding to cyber threats
  • Assess practical measures to strengthen cyber resilience and risk management
  • Identify resources to stay current with cyber security obligations and emerging risks

What you will learn

Who is this course for?

  • Advisors and representatives
  • Compliance Managers
  • Senior Managers

Units of Competency

Pre-requisite

Recognition of Prior Learning

Certification

You will be awarded a Certificate of Completion. It will be available online for you to download and print immediately.

ASIC-supervised licensees: Generic Knowledge
FAS-Supervised licensees (self-report): Client care and practice

Explore our Financial Services CPD

Our short course topics are also included in our annual subscription Financial Services CPD library.

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Frequently Asked Questions

Our CPD short courses are self-paced with online learning resources & on-going support.
  • You have up to 8 weeks to complete the learning and assessment requirements for your CPD short course.
  • Experienced professionals can complete in less time.
Our CPD short courses are assessed by a short open book multiple-choice exam.
To get started, either
  • Purchase your course online. (If checking out for your team, you can add multiple courses to the cart.) OR
  • Contact Us to arrange an invoice
Please note: Online orders may take up to 1 business day to be processed and for you to receive your course login details.  
To get started, either:
  • Purchase course/s online. (You can add multiple courses to the cart.) Please note: Online orders may take up to 1 business day to be processed and for your team to receive their course login details.
OR
Contact us for your Corporate Solution.
What is RG206?2023-04-21T07:53:53+10:00

Regulatory Guide 206 Credit licensing: Competence and training (RG 206)

Credit licensees must comply with the organisational competence obligation in s47(1)(f) of the National Consumer Credit protection Act 2009 (National Credit Act)Regulatory Guide 206 Credit licensing: Competence and training (RG 206) sets out the minimum expectations for demonstrating organisational competence.

What you need to do to comply will depend on the nature, scale and complexity of your business. However, Regulatory Guide 206 Credit licensing: Competence and training (RG 206) sets out our minimum expectations for demonstrating organisational competence.

You must also ensure that your representatives are adequately trained and competent to engage in the credit activities authorised by your licence: s47(1)(g).

ASIC generally expects you to determine what is appropriate initial and ongoing training for your representatives and to embed this in your recruitment and training systems.

Updated annually, our CPD is designed to enable Responsible Managers and Representatives of Australian Credit Licensees to meet their mandatory RG206 continuing training requirement. Our CPD that is structured, properly assessed and recorded.