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On The Record

Commonwealth Bank responds to reports regarding its cyber team

CBA responds to reports regarding its cyber team

Reports suggesting we are stepping back from cyber security are incorrect.

Commonwealth Bank continues to invest and grow our cyber security capability. We are proud of our talented teams and the work they do to help keep our customers information safe and secure.

As part of our responsibility to our customers and communities, we keep a close eye on the services and capabilities available to us. This is not about outsourcing our cyber team. It is about ensuring we have access to the best possible services and skills when we need it to complement our own cyber security expertise.

We believe that securing Australia’s digital economy is a shared responsibility and we will continue to proactively work with business, government, academia and the general public.

Cyber security is a rapidly evolving area with new services and new technologies being introduced all the time. We remain committed to being at the forefront of those activities by taking an innovative and collaborative approach.