Regulation Driving Uplift

While there has been significant reform of Australia's cyber-related laws over the last several years – as well as increased signalling from regulators that action will be brought against organisations not fulfilling their obligations – attitudes towards regulation were generally positive.

Jones said there is broad acceptance that appropriate regulation is a good thing, and clear regulation can create certainty for organisations as they invest in regulatory compliance, including cyber uplift programs. He also noted that progress on recent cyber regulatory reform had been marked by high levels of consultation, which had facilitated increased collaboration and enhanced trust between government and industry.