The Australian Securities and Investments Commission (ASIC) has earlier today released a “Cyber resilience assessment report: ASX Group and Chi-X Australia Pty Ltd”, with the document presenting the assessments of the cyber policies at Australia’s major domestic financial market infrastructure providers.
Overall, the assessment concluded that ASX Group and Chi-X have, up to this point in time, met their statutory obligations to have sufficient resources for the management of cyber resilience.
In carrying out the cyber resilience assessments of ASX Group and Chi-X, ASIC has chosen to use the US National Institute of Standards and Technology (NIST) Cybersecurity Framework for Critical Infrastructure (NIST Cybersecurity Framework). As part of the assessment, ASX Group and Chi-X had to complete a self-evaluation against the framework which was later validated by ASIC via a series of document reviews and detailed discussions. For the full article click here
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