Google AI

Weekend Times


The Times

Business News

New cyber policy to harden defences against our 'fastest growing threat'

  • Written by: Michelle Grattan, Professorial Fellow, University of Canberra
New cyber policy to harden defences against our 'fastest growing threat'

The Albanese government’s cyber security policy aims to make Australian citizens, businesses and government agencies harder targets as they face what minister Clare O'Neil describes as “the fastest growing threat that we face as a nation”.

The policy, to be released on Wednesday by O'Neil, who is Minister for Home Affairs and Minister for Cyber Security, is also designed to enable victims to bounce back faster from attacks that can’t be prevented.

A modest $586.9 million has been announced for the “action plan”, which runs to 2030. This is on top of the commitment to $2.3 billion for existing initiatives out to 2030.

Of the extra money, the largest slice is $290.8 million for support for small and medium-sized businesses, building public awareness, fighting cyber crime, breaking the ransomware business model, and strengthening the security of Australians’ identities.

Some $143.6 million will be invested in strengthening the defences of critical infrastructure and improving government cyber security.

Among the initiatives on critical infrastructure, telecommunication providers would be aligned to the same standards as other critical infrastructure entities by moving the security regulation of the sector from the Telecommunications Act to the Security of Critical Infrastructure Act. The policy says this is “commensurate with the criticality and risk profile of the sector”.

There will also be funding for establishing consumer standards for smart devices and software; building a threat sharing platform for the health sector; professionalising the cyber workforce and accelerating the cyber industry, and investing in regional co-operation and leadership in cyber governance forums internationally.

Read more: Australia finally has a dedicated minister for cyber security. Here's why her job is so important[1]

The government wants Australia to be “a world leader” in cyber security by 2030.

The policy sets three time “horizons”. In 2023-25, the foundations will be strengthened. addressing critical gaps and building better protections.

Read more: Politics with Michelle Grattan: Industry minister Ed Husic on the artificial intelligence revolution[2]

In 2026-28, the cyber industry would be further scaled up and a diverse cyber workforce would be grown. In 2029-30, “ We will advance the global frontier of cyber security. We will lead the development of emerging cyber technologies.”

O'Neil says in a press release: “Australia is a wealthy country and a fast adopter of new technologies, which makes us an attractive target for cyber criminals. Millions of Australians have had their data stolen and released online in the past year.

"Cyber also presents major opportunities for Australia – the global cyber industry is growing rapidly, and it is here to stay.”

Delivering the cyber strategy would require close collaboration between government and industry, O'Neil said.

Darren Goldie, who was recently appointed by O'Neil as National Cyber Security Coordinator, won’t be around for the policy release. He has been recalled to the Defence Department, in relation to a workforce complaint.

Authors: Michelle Grattan, Professorial Fellow, University of Canberra

Read more https://theconversation.com/new-cyber-policy-to-harden-defences-against-our-fastest-growing-threat-218255

The Weekend Times Magazine

The Future of the Sales Handoff: From AI SDR to Human Closer

Artificial intelligence is altering the sales process at lightning speed. For many firms, AI is their Sales Development Representative. This class of SDRs completes the initial stage of the sales...

This City of Museums is Deserve to be Put on Your Wishlist, Especially if You Are a First-Timer to Australia

Sydney is a multicultural city that has a lot of art in it. You can find street art on the city's outskirts and world-class art galleries. Sydney museum are countless...

Top 6 Ways Robotic Pool Cleaners Save You Time and Money

A pool is a great investment that improves the aesthetics of your home and also offers a fun and enjoyable way to relax, exercise or entertain loved ones. However, many...

The Best Tech Inventions to Cover the Next Decade

Online casino gaming is one piece of evidence to prove that the tech world is constantly evolving and becoming better. Thanks to the coming of technology you can get to...

Camplify Research Reveals 2020 is the Year of the Local Road Trip

Camplify has today released a research report highlighting that 2020 is no doubt the year of the local road trip. With COVID-19 restricting international travel, Australians have hit the roads...

Elevating Events with Convenience and Style: Why Hiring a Coffee Cart is the Perfect Choice

The humble coffee break has transformed into a focal point of social connection, productivity, and hospitality. Whether it's a corporate function, wedding celebration, community festival, or pop-up market, the presence...

Why Lighting Stores Perth Are the Key to Brightening Homes and Businesses

The right lighting can transform a room from dull to dynamic, highlight architectural details, and create an inviting environment for living, working, or entertaining. For those in Western Australia, visiting...

How to Care for Your Dental Veneers: Tips from Experts

Dental veneers are a popular cosmetic dentistry solution that enhances smiles by covering imperfections such as discoloration, chips, or gaps. Among the different types available, porcelain veneers stand out for...

All the Things You Need to Know Before Flying to Cairns

Cairns is the gateway to Queensland, offering a tropical climate and a relaxing atmosphere, making it an ideal destination for outdoor activities. The city has iconic destinations, charming cafes, lively...