Insider Risk Management for PSPF 2024

In October 2024, the Australian Government issued an update to the Protective Security Policy Framework (PSPF). Introducing critical updates to the PSPF, including the introduction of Insider Risk Management (IRM) across all government entities. For the first time, Australian agencies have a mandate to develop and implement formal Insider Risk Management programs aiming at countering threats of Foreign Interference and Espionage.
“An insider threat program is implemented by entities that manage Baseline to Positive Vetting security clearance subjects to manage the risk of insider threat in the entity.” (PSPF Release 2024 – Req. No. 51)
These requirements set out by the Australian government reflects the need to address the growing threats concerning insider incidents, which include:
With the rising risks of espionage, cyber sabotage, and unauthorised disclosures, these changes mark a significant shift in how Australian Government agencies should approach cybersecurity, with an increased focus on prevention, identification and collaboration to tackle insider threats.
The October PSPF Release 2024 introduces explicit requirements for Australian government agencies, including:
“An insider threat program is implemented by entities that manage Baseline to Positive Vetting security clearance subjects to manage the risk of insider threat in the entity.” (Req. No. 51)
Meaning that any agency or entity managing security-cleared personnel (from Baseline to Positive Vetting levels) is now required to have a formal insider threat program in place to monitor access and mitigate risks stemming from those with access to sensitive or classified information.
Why it Matters for Insider Risk Programs:
How EverShield Can Help:
With experience in supporting government agencies with national compliance frameworks globally. Everfox works with organisations to deliver Insider Risk Management Solutions that fit the business needs, including supporting with PSPF Release 2024 (October) Requirement No. 51. EverShield Insider Risk Solutions can support with:
The new framework introduced a stronger mandate for agencies to control the access, use, and sharing of sensitive and classified information when being accessed by individuals outside of the organisation. Placing an increased emphasis on the restriction, oversight and auditability of sensitive data flows across inter-agency collaboration, external contractors and supply chain partners. (Req. No. 75)
Why it matters for Insider Risk Programs:
Insider threats: “30% of surveyed organizations within Government cite their main concern is the risk of an employee, contractor, or other trusted individual exploiting their authorized access to harm their organization.” – CYBER360 Report (opens a new window)
Foreign espionage: through the PSPF, the Australian government once again recognises foreign interference as a key driver for these enhanced cybersecurity measures.
Fines & non-compliance risks: Australian agencies failing to comply with PSPF mandates could face operational or financial consequences.
The PSPF Release 2024 introduced the need to implement or strengthen Insider Risk Management (IRM) programs for Australian government agencies.
By implementing the right tools, policies and partnerships, mitigating insider threats, protecting national security, and working to comply with the PSPF are all goals that Australian government agencies should be striving towards.
Everfox has extensive experience helping government agencies implement comprehensive Insider Risk Management (IRM) programs, having worked closely with global government agencies on similar compliance initiatives such as the U.S Executive Order 13587 (EO 13587) signed in 2011 by Former President Obama to improve cybersecurity measures and address insider threats within the U.S government.
Whether you need to build an Insider Risk Management Program from scratch or enhance an existing framework, Everfox has the experience and tools necessary to help you meet the IRM PSPF Requirements.
Learn More About PSPF Insider Risk Compliance (opens a new window).
PO AND SME, CYBER INVESTIGATIONS DEVOPS, OIL AND GAS (Forrester Total Economic Impact™ Report (opens a new window) of Everfox EverShield)
1 Australian PSPF Release October 2024 List of Requirements (opens a new window)
2 Everfox CYBER360 Report (opens a new window)
3 Executive Order 13587 (opens a new window)
4 Forrester TEI Report of Everfox EverShield (opens a new window)
Field CTO, Insider Risk
Shibu Thomas is the field CTO for Insider Risk Solutions at Everfox. Shibu has been in the IT and Cybersecurity industry for over 24 years, working in various roles from IT support to systems administration to professional services to sales engineering and consulting. The past 18 years has seen Shibu focus on Insider Risk, with an emphasis on user and data protection. Shibu has worked closely with both the US Government and International Governments as well as private sector organizations – with a primary focus on designing, implementing and maintaining Insider Risk solutions.
In his current role as Field CTO at Everfox, Shibu continues to work with many Government agencies across the globe, as well as private organizations as they look to research and adopt Insider Risk solutions.