Cyber security update

Description

Over recent years, there has been significant growth in the number and severity of cyber attacks around the world. The heightened risk of a cyber attack is recognised as a systemic and operational concern by local and international regulators. There are various approaches being adopted globally – some legislation driven and others voluntary.

While cyber attacks occur in every sector of the economy, there is particular emphasis and focus on the financial sector, because the risks are higher. As new technologies emerge, Australian businesses face a range of cyber risks, both external threats and internal vulnerabilities that continue to evolve over time.

Doing nothing is therefore not an option. As attacks become more targeted and more sophisticated, cyber resilience has to be monitored and maintained, and response times have to become faster organisation and industry wide.

Stay ahead of your cyber risks! Our Cyber security update reviews cyber security threats to financial services, and outlines what industry participants should be reviewing when formulating their cyber strategy.

In this course you will learn to:

• Define what a cyber risk is and outline primary cyber risks and vulnerabilities related to financial services
• Discuss domestic and international thought leadership and regulatory guidance regarding cyber resilience
• Analyse cyber concerns for financial markets participants and investors
• Identify key areas for building cyber resilience
• Evaluate infrastructure, human resources management and operational strategies for mitigating cyber risks
• Describe legal and compliance requirements directly related to or that overlap with cyber security.