Cyber security risk is one of the top 3 threats to businesses. The cost of cyber security breaches can be significant, in addition to loss of trust and reputation.
The Australian Cyber Security Centre reported that ransomware attack is the most significant threat facing Australian businesses and governments. They cost the Australian economy up to $2.6 billion annually.
Audit Objective
This audit will examine how effectively public sector entities:
- identify third parties who have access to their data and network
- assess the security vulnerabilities the entity is exposed to through third parties
- establish relevant controls to manage third party cyber security risks
- minimise the impact of third-party security breaches.
Who we might audit
- Department of Transport and Main Roads (as the department responsible for digital services)
- selected public sector entities
- selected local governments.
Area of focus
Technology risk and opportunities
Parliamentary Committee
Clean Economy Jobs, Resources and Transport Committee