Australian Firms Improve Cyberattack Response Times

Australian companies have notably decreased the time needed to recover from cyberattacks, now averaging 28 days, driven by regulatory pressures and heightened awareness post-breaches at Optus and Medibank.

A survey of 408 IT executives revealed these figures, indicating a regional improvement, although still slower than the global average of 24 days.

The tightened regulations are prompting companies to increase cyber resilience, with calls for board-level involvement rising as firms contend with stringent compliance demands.

(With inputs from agencies.)