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The Australian government vowed to turn the country’s cyber security 180 degrees to fight against rampant data breaches.
In less than a decade from now, the Australian authorities plan to strengthen the country’s cybersecurity, obtaining the title of the ‘world’s most cyber-secure country by 2030.”
As we all know, Australia’s hacking and cyber threats cases have peaked this year. One of the most popular was Medibank and Optus. Home Affairs and Cyber Security Minister Clare O’Neil said the country is starting to wake up from a deep slumber.
O’Neil had previously announced the formation of a task force to hunt down hackers and was also considering a ban on ransomware payments.
As part of the 36-nation Counter-Ransomware Initiative, Australia will host a virtual international counter-ransomware task force early next year.
She is very confident as she said, “I believe that is possible,” referring to reaping the said title by 2030.
O’Neil calls for everybody to participate as this move needs a collective national effort.
She does not want to repeat the mistakes made a decade ago when Prime Minister Scott Morrison abolished the cybersecurity ministry in 2018.
“The truth is, we are unnecessarily vulnerable. We did not do the work nationally over the last decade to help us prepare for this challenge,” O’Neil criticised.
The government will create a new national cybersecurity strategy to adhere to the cyber needs and curate plans and strategies, especially in sovereign cybersecurity capabilities. It will be directed by former Telstra CEO Andy Penn, Rachael Falk, CEO of the Cyber Security Cooperative Research Centre, and Mel Hupfeld, a recently retired Air Force chief.
Canberra also recently approved privacy legislation that raises the maximum penalty for serious or repeated corporate privacy breaches from $AU2.22 million to $AU50 million, 30% of adjusted turnover, or three times the value of any corporate benefit obtained through information misuse.
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