Specialist advisory and restructuring firm McGrathNicol has become the newest founding partner of the Australian Insider Risk Centre of Excellence (AIR CoE).
An initiative of the not-for-profit Australian Cyber Collaboration Centre (Aus3C), AIR CoE aims to strengthen the nation’s resilience through collaborative insider risk management.
AIR CoE has developed a Community of Practice that connects insider risk experts across industry, government and academia.
McGrathNicol joins existing partners DTEX Systems and The MITRE Corporation, and will contribute to the Centre of Excellence’s objective of improving knowledge around insider risk.
“McGrathNicol is proud to be a founding partner of the Australian Insider Risk Centre of Excellence," said McGrathNicol advisory partner Matt Fehon.
"Insider risk is more than just a cyber issue. For many years, our team has investigated insiders who have caused significant damage through fraud, corruption and cyber attacks."
"The actions of trusted employees are often overlooked and issues only discovered when it is too late.”
“We applaud Aus3C and AIR CoE in their dynamic approach to supporting Australian executives. Working together, we will provide dedicated tools and information to help strengthen organisations’ risk management programs.”
By partnering with Aus3C, the not-for-profit said McGrathNicol will help shape the direction of the AIR CoE by supporting the creation of educational programs, contributing to research and development, and influencing insider risk practices.
“Aus3C is in a unique position as an independent body to leverage our members, our position in the cyber security ecosystem, and our existing service offerings to establish and support the AIR CoE," Aus3C's CEO Matt Salier said.
"This is particularly important given the recent release of Australia’s National Cyber Security Strategy."
"We believe AIR CoE can play a vital role in supporting the delivery of many elements of this strategy.”
“Our thriving Community of Practice has already seen hundreds join, share information and build networks to raise the level of insider risk practice, not only here in Australia, but around the world."
"We look forward to continuing this important work via thought leadership initiatives, education and events in 2024."