Company directors can no longer plead ignorance when it comes to cyber threats.

ASIC chairman Joe Longo and the government’s cybersecurity strategy review chairman, Andy Penn, have made it clear that tougher minimum standards are essential to protect sensitive information. Stress-testing safeguards against real-world threats is not just a recommendation, but a necessity.
 
Why it matters: The First Step in Digital Literacy is Responsibility
 
Understanding the value and sensitivity of data is the foundation of effective cybersecurity. Data classifications categorise information based on its importance and the level of protection it requires.

This simple step enables organisations to prioritise their security efforts and allocate resources efficiently.