DP World Attack a ‘Stark Reminder’ on Cyber Spend, Warns ASIC
- ASIC Chair Joe Longo to speak at conference on Tuesday
- Regulator to say companies are on notice over preparedness
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Australia’s markets regulator wants companies and directors to prioritize cyber resilience, warning it will take action against businesses that fail to make reasonable investments to protect themselves.
Australian Securities and Investments Commission Chair Joe Longo said this month’s cyberattack on DP World Plc is a “stark reminder” that firms must invest in cyber resilience and be adequately prepared.