Australia to spend nearly $1 billion to boost cyber security

Scott Morrison

Australia will spend approximately $926.1 million over the next 10 years to boost its cyber security defences, Prime Minister Scott Morrison has said, as Canberra seeks to combat a wave of attacks.

KEY POINTS:

  • Australia will spend almost $1 billion USD over the next decade to boost its defences against cyber attack
  • PM Scott Morrison had recently stated that the country was coming under specific and sustained attack from a state actor
  • The Prime Minister refused to name the country, although it has widely speculated the culprit was China

The announcement comes just weeks after Australia said a “sophisticated state-based actor” has been attacking all levels of the government, political bodies, essential service providers and operators of critical infrastructure.

Although Australia has declined to say who it believed was responsible for the attacks, three sources briefed on the matter told Reuters the country believed China was responsible, a suggestion swiftly dismissed by Beijing.

“The federal government’s top priority is protecting our nation’s economy, national security and sovereignty. Malicious cyber activity undermines that,” Morrison said in a statement.

The package will include A$470 million to hire an extra 500 security experts in the Australian Signals Directorate, the country’s cyber intelligence agency.

The funding is part of a A$15 billion investment in cyber warfare capabilities, Australia’s Minister for Defence Linda Reynolds said, a plan that was accelerated after an electronic attack on Australia’s parliament and three largest political parties in 2019.

Australia has never publicly disclosed who was responsible for the hack that came just months before an election, but Reuters reported late last year that the country’s intelligence agencies quietly determined China was responsible for that cyber-attack.

China denies that it was responsible for the attack.

Via our content partners at Reuters. By Colin Packham and Renju Jose. Reporting by Renju Jose. Editing by Cynthia Osterman and Raju Gopalakrishnan.

Share This Post