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ARTICLE · 22 SEPTEMBER 2025

For Most Organisations, It Would Take A Cyber-attack To Meaningfully Improve Focus On Data Risk: HSF Kramer Cyber Risk Survey 2025

Herbert Smith Freehills Kramer LLP
Herbert Smith Freehills Kramer LLP
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Herbert Smith Freehills Kramer LLP

Herbert Smith Freehills Kramer LLP

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While third-party vulnerabilities remain the number one cyber risk for Australian organisations, this risk ranks low in terms of cyber investment priorities in the past 12 months...

AustraliaFinance and Banking
Cameron Whittfield
Cameron Whittfield
Peter Jones
Peter Jones
Carolyn Pugsley
Carolyn Pugsley
Anne Hoffmann
Anne Hoffmann
Magdalena Blanch-de Wilt
Magdalena Blanch-de Wilt
Kaman Tsoi
Kaman Tsoi
Heather Kelly
Heather Kelly
Christine Wong
Christine Wong
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While third-party vulnerabilities remain the number one cyber risk for Australian organisations, this risk ranks low in terms of cyber investment priorities in the past 12 months, according to a survey from leading global law firm Herbert Smith Freehills Kramer (HSF Kramer).

This is despite the fact that 75% of those surveyed reported their organisation had been impacted by a third-party cyber incident in the past two years.

Now in its third year, HSF Kramer's Cyber Risk Survey captures the views and experiences of legal leaders (general counsel or equivalent) regarding cyber readiness and resilience in organisations across corporate Australia. The respondents work across all sectors of the economy, including consumer services, financial services, resources, health and energy.

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