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Data61 Targets Digital Risk at Board Level

Tuesday, 26 Apr 2016

IA

Australian boards and directors are to be targeted by a new education program on cyber risk and security that is being built by CSIRO’s Data 61 and the Australian Institute of Company Directors (AICD).

The two organisations signed a memorandum of understanding to create the cyber security education and training program.

The program will aim to “lift the digital and cyber literacy” of directors and boards, giving them a “better understanding” of how it might impact risk and investment decisions around “opportunities for innovation”.

“[This will] enable directors and their organisations to grow and innovate with confidence - based upon the information principles of confidentiality, integrity and availability of data,” the two organisations said.

“The program will focus on corporate governance and its application to the way people interact with technology and each other in a quantifiable and repeatable manner.”

Australia is in the midst of a major political refocus on innovation. The Government is heavily pushing for business investment in innovation, “ideas” and technical skills, backed by a $1.1 billion national innovation and science agenda (NISA).

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