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McGrathNicol named as founding partner of Australian Insider Risk Centre of Excellence

Advisory firm McGrathNicol joins DTEX Systems and The MITRE Corporation.

user icon David Hollingworth
Wed, 17 Jan 2024
McGrathNicol named as founding partner of Australian Insider Risk Centre of Excellence
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Accounting firm McGrathNicol has been named as a founding partner of the Australian Insider Risk Centre of Excellence.

The Australian Insider Risk Centre of Excellence, or AIR CoE, is a project of the Australian Cyber Collaboration Centre, or Aus3C. The AIR CoE aims to manage insider risk via its Community of Practice, linking government, industry, and academia.

According to McGrathNicol, the company will assist in the creation of educational materials on insider risk, as well as helping to evolve risk management practices when it comes to insider fraud and cyber attacks.

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“McGrathNicol is proud to be a founding partner of the Australian Insider Risk Centre of Excellence,” Matt Fehon AM, partner at McGrathNicol Advisory, said in a statement. “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 [are] 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.”

Matt Salier, chief executive of Aus3C, is pleased to see McGrathNicol come on board.

“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,” 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.”

David Hollingworth

David Hollingworth

David Hollingworth has been writing about technology for over 20 years, and has worked for a range of print and online titles in his career. He is enjoying getting to grips with cyber security, especially when it lets him talk about Lego.

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