Our cyber security products span from our next gen SIEM used in the most secure government and critical infrastructure environments, to automated cyber risk reporting applications for commercial and government organisations of all sizes.
Under Part 2A of the Security of Critical Infrastructure Act 2018 (SOCI Act), a number of Critical Infrastructure organisations are required to adopt a Risk Management Program (CIRMP) by 17th August 2023.
The obligation to adopt a CIRMP was further detailed in the Security of Critical Infrastructure (Critical infrastructure risk management program) Rules (LIN 23/006) 2023 (Cth) (CIRMP Rules), which came into force on 17th February 2023.
The CIRMP Rules detail the requirements of the CIRMP, and nominate cyber security as one of four hazards to be specifically addressed. A list of cyber security frameworks that responsible entities must choose from for inclusion in their CIRMP, is also provided. These frameworks are of varying levels of complexity. One however – the ACSC’s Essential Eight Maturity Model – embraces the common technical controls and is straightforward to deploy and manage.
There are ongoing requirements following CIRMP implementation, including regular reviews of the CIRMP and Board approved annual risk management reporting to the Cyber and Infrastructure Security Centre (and potentially other regulatory bodies), in the approved form.
Critical infrastructure providers must make a prompt decision as to which cyber security framework to adopt.
The first deadline under Part 2A of the SOCI Act was 17th February 2023 when the CIRMP Rules commenced. A grace period of 6 months then applies.
By 17th August 2023, responsible entities whose assets sit within the critical infrastructure categories must adopt a CIRMP. It is prudent and important that you select and document a cyber security framework as part of your CIRMP planning.
The SOCI Act requires that responsible entities regularly review any hazards and the adequacy of their risk mitigations activities. Those entities have until 24th August 2024 to implement and comply with their selected cyber security framework, before providing their first annual report to the relevant authorities no later than 28th September 2024, and annually thereafter.
There is little time for organisations to agree on and implement a CIRMP – and for most organisations, this will involve planning now, to ensure the controls and resources are ready for both August 2023 and August 2024 compliance.
Essential Eight Maturity Model: The Australian Cyber Security Centre (ACSC) recommended cyber security framework
Given the increased cyber risks to all facets of private and public organisations, the Australian Government, through ASD’s Australian Cyber Security Centre, established a cyber security framework – the Essential Eight. It is widely adopted across many industries and defines a baseline set of technical mitigation strategies designed to reduce the risk of an attacker gaining access to your IT assets and systems.
The Essential Eight Maturity Model enables your organisation, irrespective of its size, to measure the effectiveness of its cyber risk controls. Once an organisation establishes it security level objective, which is defined as Maturity Level 1 for organisations subject to Part 2A SOCI regulations, it should measure its ongoing “compliance” with the framework and report its performance as part of its annual SOCI Act reporting obligations.
With the collaborative actions of the security and operations teams, the Essential Eight Maturity Model can be applied to measure and maintain the adequacy of your cyber risk mitigation efforts.
Huntsman Security’s Essential 8 Auditor and Essential 8 Scorecard boost your cyber risk management and corporate governance oversight with automated and data-driven cyber security measurement and maturity level reporting – giving you daily, weekly or monthly visibility of your cyber controls and their performance against the Essential Eight.
The effectiveness of each security control is measured to inform both your security and management teams of any mitigations necessary in the operation of the key security controls. In parallel, the measured score reliably provides clear visibility to the executive, board, and risk managers, of the state of your current security posture to inform risk management oversight and regulatory reporting.
Benchmarked against the ACSC Essential Eight, the Essential 8 Auditor and Essential 8 Scorecard equip you and your organisation with a recognised evidence-based framework to identify and mitigate cyber security hazards – and support compliance with CIRMP review and reporting requirements utilising the ACSC Essential Eight Maturity Model.
The UK market has its own regulators, security standards and challenges. And while rulings from SEC in the US or the Australian Prudential Regulation Authority (APRA) in Australia don’t apply to UK companies, for the most part, the observations are undoubtedly relevant and the resulting advice instructive. It would be wrong to think UK financial […]Read more
<<< Part 2a: Australia’s Essential Eight: Beyond Endpoint Control <<< Part 2b: Activating UK NCSC & US NIST Guidelines: Beyond Endpoint Control Part 4: Systematic Measurement of Cyber Controls >>> As much as we invest into cyber security controls, external threats are inevitable. In a recent Notifiable Data Breaches Report from the Office of the […]Read more
Keen campers, scouts and even the Swiss Army know – that a good penknife is indispensable. This simple device has mitigated many a disaster at one point in time or another. Whether it’s to cut through a bit of string, tighten a screw or simply to solve the problem of no bottle opener in the […]Read more
Supply chain risk is an area of cyber security that demands the ongoing attention of every enterprise; because it can make the difference between being resilient or not. It’s no surprise that insurers warn that the vulnerability of supply chains is potentially a systemic risk that can quickly propagate across supply chain dominated industries. Organisations […]Read more
It took a “tripartite cyber assessment” by the Australian Prudential Regulation Authority (APRA) to identify that a sample of financial organisations had inadequate cyber security: poor security control management, a lack of business recovery planning and inadequate 3rd party risk assessment. Why were there gaps? Where is the failure? Clearly the common practice of unsubstantiated […]Read more
The discussion over data-driven vs qualitative cyber security assessment has been going for some time. Nowadays, it is at the top of the priority list for many security and senior executive teams. Managing cyber security has always been a noble ambition but without reliable measurement, the lack of actionable information makes evidence-based management decisions almost […]Read more
Attack Surface Management (ASM) characterises a business’s security risks as the monitoring and risk mitigation of a constantly changing and vulnerable “risk-surface”. Importantly, this attack surface extends to both internal and external assets and services. Some ASM solutions deliver clear visibility across both Internet facing and internal assets. Others do not. Instead, they assess external […]Read more
The UK Government has released its annual “Cyber Security Breaches Survey 2023”. It provides some valuable insights into how cyber security is currently being managed in the UK, by a range of organisations. It also speaks to how current competing economic priorities are impacting the effectiveness of some cyber security management efforts. The full report […]Read more
Solving the mismatch between cyber security reporting and directors’ requirements You are undoubtedly familiar with the headlines; you may have even become in part desensitised to them: ‘Cyber-attacks are increasingly damaging’, or ‘large amounts of personal data are most at risk’. The important take-away, however, is that modern day thieves can easily gain access to […]Read more
A system to address the untrustworthy security environment Zero trust approaches to security have been talked about for a while; but in recent times they have certainly gained more currency. As a model for protecting data and services, the simplicity of the concept is its biggest strength – assume, as a default position, there is […]Read more
Read by directors, executives, and security professionals globally, operating in the most complex of security environments.