State of Cybersecurity Trends\
ASX 200
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UpGuard reveals the cybersecurity strengths and weaknesses of Australia’s top 200 public companies. Gain insight into the state of cyber risk in Australia and compare your organisation's cyber resilience.

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As some of the largest companies in Australia, members of the ASX 200 have a responsibility to maintain robust cybersecurity standards, particularly firms that are critical to the Australian way of life and the health of the economy at large.

**Mike Baukes**\
CEO and co-founder

UpGuard

## Key findings

In this year’s report, we analyzed the security postures of companies in the ASX 200 by examining key risk areas and security performance across sectors and market capitalisation size. Although security postures have improved year-over-year, critical risks still persist, requiring immediate attention and action.

### Website encryption needs improvement across the entire index

### Companies must better defend against phishing attacks

### Overall posture from 2023 has improved, though two sectors struggle

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