In a survey conducted amongst executives and corporate directors of organizations in Australia in 2021, less than 50 percent of the surveyed organizations reported a high level of understanding of the various cyber and privacy risks which may arise from third parties and supplies. Around three percent of the organizations reported no understanding of risks including data breaches, privacy violations, and IoT/technology vendors.
Share of organizations with an understanding of cyber and privacy risks arising from third parties and suppliers in Australia in 2021, by level of understanding
Respondents were executives (38 CEOs, and 76 corporate directors, CFOs, CISOs, CIOs, and C-Suite officers)
Supplementary notes
Question: "What is the level of understanding within your organisation of the cyber and privacy risks arising from your third parties or suppliers
across the following areas?".
High - understanding from formal, enterprise-wide assessment
Moderate - limited understanding from ad hoc assessments
Low - anecdotal understanding, no assessments
No understanding.
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PwC Australia. (October 27, 2021). Share of organizations with an understanding of cyber and privacy risks arising from third parties and suppliers in Australia in 2021, by level of understanding [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1339728/australia-share-of-organizations-aware-of-cyber-risks-from-third-parties-by-level-of-understanding/
PwC Australia. "Share of organizations with an understanding of cyber and privacy risks arising from third parties and suppliers in Australia in 2021, by level of understanding." Chart. October 27, 2021. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1339728/australia-share-of-organizations-aware-of-cyber-risks-from-third-parties-by-level-of-understanding/
PwC Australia. (2021). Share of organizations with an understanding of cyber and privacy risks arising from third parties and suppliers in Australia in 2021, by level of understanding. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1339728/australia-share-of-organizations-aware-of-cyber-risks-from-third-parties-by-level-of-understanding/
PwC Australia. "Share of Organizations with An Understanding of Cyber and Privacy Risks Arising from Third Parties and Suppliers in Australia in 2021, by Level of Understanding." Statista, Statista Inc., 27 Oct 2021, https://www.statista.com/statistics/1339728/australia-share-of-organizations-aware-of-cyber-risks-from-third-parties-by-level-of-understanding/
PwC Australia, Share of organizations with an understanding of cyber and privacy risks arising from third parties and suppliers in Australia in 2021, by level of understanding Statista, https://www.statista.com/statistics/1339728/australia-share-of-organizations-aware-of-cyber-risks-from-third-parties-by-level-of-understanding/ (last visited December 22, 2024)
Share of organizations with an understanding of cyber and privacy risks arising from third parties and suppliers in Australia in 2021, by level of understanding [Graph], PwC Australia, October 27, 2021. [Online]. Available: https://www.statista.com/statistics/1339728/australia-share-of-organizations-aware-of-cyber-risks-from-third-parties-by-level-of-understanding/
