Cybersecurity spending gets $1.35 billion boost!

From the initial reports the funds ($1.35 billion) are mainly for:

  • $31 million to improve the Australian Signals Directorate’s ability to disrupt cybercrime
  • $118 million will be used to expand its data science and intelligence capabilities
  • $12 million would be spent on “active disruption” options to protect Australian users
  • $470 million would also be used to create more than 500 new jobs within ASD (Cyber Spies being recruited)
  • The Defence Minister has also Overall $15 billion spend on cyber and information warfare capabilities over the next decade, to be outlined in Defence’s upcoming 2020 Force Structure Plan.
Ajay Unni

Ajay Unni is the Founder and Chief Executive Officer of Stickman. Ajay specialises in helping customers manage the growing threat of data breaches and compliance with globally accepted industry standards for data security and compliance. More articles by Ajay Unni

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