Prime Minister Malcolm Turnbull is set to launch its $230 million Cyber Security Defence Strategy which include investments to bump up Australia's defence against cyberattacks, hiring 100 IT security professionals and addressing the country's skill shortage in this space. It also aims to promote collaboration between the public and private sector to fend off cyber threats to Australia and more. Read on for the details.
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It's been 18 months in the making but the Prime Minister is finally unveiling its new and improved Cyber Security Defence Strategy today. The strategy hadn't been updated since 2009 but it now includes some much needed commitment to bolstering our online security defences.
The message the Turnbull Government wants to send is that it's taking cyber security seriously. The investment is encouraging but is $230 million really enough to defend Australia against attacks from nation states and cyber criminals?
According to the ABC, the investment will into five areas:
- Establishing a national cyber security partnership
- Creating strong cyber defences to detect, deter and respond to threats
- Taking a global leadership role to champion a free internet and shut safe havens
- Focusing on growth and innovation
- Building a cyber-smart nation by building skills and awareness
Around $39 million has already been committed to a new Australian Cyber Security Centre, $47 million is assigned to threat-sharing centres and $36 million will be spent on boosting intelligence and investigation capabilities. When you think about all the things the Government wants to do, as stated in this Defence Strategy, $230 million is not a lot to go around.
Nonetheless, the Prime Minister is optimistic that this strategy will make Australia one of the leading countries in cyber security which will contribute to the local economy, fuel innovation and make the country more attractive for foreign investment. The plan also reaffirms the strong demand for IT security professionals.