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Security Market Narratives 2024 Security Maturity Benchmark: Australian Organisations​ Feb 21, 2025 Australian organisations show a strong understanding of cyber risk but face significant gaps in translating that awareness into effective security practices. Request to Download

Australian organisations show a strong understanding of cyber risk but face significant gaps in translating that awareness into effective security practices. Despite strong technical security capabilities, challenges remain in third-party risk management and aligning security initiatives with business goals. Cyber security maturity levels vary widely, with many organisations struggling to balance risk mitigation with digital service delivery.

 

Core Insights:

Maturity disparity

  • 45% of organisations report mature understanding of cyber risk, but this doesn’t always translate into operational effectiveness.
  • A significant gap exists between risk awareness and the ability to implement practical security measures, especially in third-party risk management and reducing operational risks.

Security team strengths and gaps

  • 60% of organisations have highly skilled and pragmatic security teams, contributing to robust technical security capabilities.
  • However, 41% of organisations agree that consolidation of security tools is necessary, and only 28% believe security effectively enables digital service delivery, pointing…

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