Minute to midnight: ASIC Commissioner Simone Constant on cyber risk and enforcement in the age of frontier AI

As AI drives an escalation in cyber threats, ASIC is sharpening its focus on how organisations manage cyber risk. Valeska and co-host Kate Austin are joined by ASIC Commissioner Simone Constant, author of an open letter issued by ASIC calling for urgent cyber uplift across industry. Simone shares what’s driving the regulator’s heightened concern, what 'reasonable' and 'proportionate' cyber measures look like in practice, and ASIC’s expectations for meaningful board engagement. She also reflects on proposed changes to continuous disclosure and discusses the challenges facing multinational organisations with offshore cyber functions. If you’re navigating cyber risk in an AI-driven environment, this episode offers practical insights for boards and management alike. Resources from this episode: Board and management briefing: preparing for Mythos-class threats ASIC's open letter to AFS licensees and market participants Simone's series recommendation: Peaky Blinders