Is security by design now the governance standard expected for company directors?

The last several years have seen a monumental shift in how the law treats cyber risk as it relates to the duties and obligations of corporate officeholders such as Company Directors. Indeed, we are seeing regulators in Australia and across the world taking strong action against companies, and in some cases, individuals, where the law has deemed they have not carried out their duties to their companies and broader stakeholders.

The question arises as to whether the concept of security by design represents a minimum acceptable level of standard of governance now expected of company directors.

In this presentation, Tony Vizza will discuss some of the key developments in the world of Directors’ duties both in Australia and around the world. Additionally, Tony will highlight some of the legal and regulatory developments that have taken place that show regulators in Australia and globally are now vigorously pursuing cases where cyber risk may potentially have been poorly managed. Finally, Tony will discuss how true organisational leadership can mitigate against this enhanced risk.