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April 4 2018

Cybersecurity isn't just an IT risk

Most organizations understand that cybersecurity isn't just an IT risk, but rather a business and legal risk, given the vulnerabilities and potential impact. The impact and visibility are about to be greater due to mandatory data breach notification, according to Palo Alto Networks.

A recent report, The State of Cybersecurity in Asia Pacific, showed that Australian organizations are likely to embrace mandatory breach reporting requirements. The report revealed that 79 percent of IT decision-makers agreed that reporting breaches to regulators should be mandatory, and 69 percent believe reporting of data breaches to regulators will help prevent cybercrime. It also noted that voluntarily sharing cyberthreat information, among and between the private and public sectors, is a key tool to understanding and protecting against threats.