State of Information Security Australia

As cyber threats continue to evolve, organisations are faced with the challenge of keeping pace. The introduction of new technologies, such as artificial intelligence and machine learning, has both amplified these challenges – with nearly a quarter of respondents reporting deepfake incidents – and opened up new avenues for enhanced security.

This report reveals that integrating strong information security business-wide is now a key focus and a source of business growth. Most businesses (79%) expect to increase their information security budgets for the next 12 months and 40% rank enhanced reputation as a secure and reliable entity as the best information security ROI.

Businesses prioritising a robust security posture and adhering to standards like ISO 27001 reap significant rewards. These include bolstered reputation, customer trust, and operational efficiencies. By effectively safeguarding their operations, these businesses are not only mitigating risks but also driving sustainable growth and resilience in the long run.