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Adopt and maintain a Critical Infrastructure Risk Management Program (CIRMP)

Covered critical infrastructure entities must adopt a CIRMP addressing cyber, physical, personnel, and supply-chain hazards.

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Who must comply

Responsible entities for designated critical infrastructure assets within scope.

What triggers it

Being responsible for a designated critical infrastructure asset.

When due

CIRMP in place; annual report within 90 days of FY end.

Evidence required

Written CIRMP, board approval, hazard register, annual report.

Max penalty

Civil penalties up to $364,000 (1,000 penalty units, body corporate) for CIRMP obligations; $273,000 for the annual report

Who must comply with this? The applicability test by industry, business structure and size.

Summary

Part 2A of the SOCI Act requires responsible entities for designated critical infrastructure assets to adopt, maintain, comply with, and annually review a written CIRMP. The program must identify hazards (cyber, personnel, physical/natural, supply chain) and document mitigations. Board-approved annual report due within 90 days of the end of each financial year.

Enforced by

Source legislation

Topics

cybersocirisk-management

Related

Frequently asked questions

Who must comply with Adopt and maintain a Critical Infrastructure Risk Management Program (CIRMP)?
Responsible entities for designated critical infrastructure assets within scope.
What triggers Adopt and maintain a Critical Infrastructure Risk Management Program (CIRMP)?
Being responsible for a designated critical infrastructure asset.
When is Adopt and maintain a Critical Infrastructure Risk Management Program (CIRMP) due?
CIRMP in place; annual report within 90 days of FY end.
What is the maximum penalty for Adopt and maintain a Critical Infrastructure Risk Management Program (CIRMP)?
Civil penalties up to $364,000 (1,000 penalty units, body corporate) for CIRMP obligations; $273,000 for the annual report
What evidence is required for Adopt and maintain a Critical Infrastructure Risk Management Program (CIRMP)?
Written CIRMP, board approval, hazard register, annual report.

Source: https://www.cisc.gov.au/legislation-regulation-and-compliance/. Rules Mate is not a law firm. Always verify against the live regulator source before acting.