The stakes are high: why cyber belongs in the boardroom now more than ever

Cybercrime remains a major threat, with more than 84,700 reports recorded in Australia each year. For Boards and executive teams, the question is no longer whether an attack will occur, but whether the organisation is prepared to respond and recover. The most effective cyber awareness programs build capability year-round through tailored, bite-sized learning that keeps risks front of mind. Just as important is preparing teams to act when an incident occurs. Regular tabletop exercises help employees understand their roles, test response plans and build confidence under pressure. While ransomware attacks often dominate headlines, paying a ransom is not a recovery strategy. Restoring access to systems does not guarantee a return to normal operations. That's why organisations should focus on prevention, resilience and minimising disruption before an attack happens. In this episode of Beyond the Numbers with Grant Thornton, Cyber Experts Kate Monckton and Matthew Green discuss why cyber is more than just an IT issue, how organisations should prepare for an attack and emerging risks in the space. 🎙️ Learn more about our guests: Matthew Green – https://tinyurl.com/yj4mcjvk Kate Monckton – https://tinyurl.com/2ehys3e3 📝 Read the transcript: https://tinyurl.com/ywzyd3jx This podcast is a part of our Beyond the numbers with Grant Thornton series: https://shorturl.at/JMVno From business strategy to industry innovation and economic landscape analysis, we’ve brought together our experts to unpack how Australian businesses are doing things differently at magnitudes never seen before in Australia. 🎧 Where to listen: Apple Podcasts - https://podcasts.apple.com/us/podcast... Spotify - https://open.spotify.com/show/0g3cgsR... 📲 Follow us on socials: LinkedIn - / grant-thornton-australia Facebook - / grantthorntonaustralia Instagram - / grantthorntonaustralia About Grant Thornton Australia: Your business deserves remarkable support. No matter your industry, business lifecycle stage, market or growth plans, our experienced audit, assurance, tax and advisory professionals are dedicated to achieving the best outcome for you and your stakeholders. © 2025 Grant Thornton Australia Limited – All rights reserved. “Grant Thornton” refers to the brand under which the Grant Thornton member firms provide assurance, tax and advisory services to their clients and/or refers to one or more member firms, as the context requires. Grant Thornton Australia is a member firm of Grant Thornton International Ltd (GTIL). GTIL and the member firms are not a worldwide partnership. GTIL and each member firm is a separate legal entity. Services are delivered by the member firms. GTIL does not provide services to clients. GTIL and its member firms are not agents of, and do not obligate, one another and are not liable for one another’s acts or omissions. In the Australian context only, the use of the term ‘Grant Thornton’ may refer to Grant Thornton Australia Limited ABN 41 127 556 389 and its Australian subsidiaries and related entities. Liability limited by a scheme approved under Professional Standards Legislation.