Australia’s cyber shield boosted for ‘jewel’ assets

Companies and institutions considered the “crown jewels” of the Australian economy will get beefed up protection from foreign cyberattacks as the Albanese government activates laws designed to safeguard critical infrastructure and nationally significant systems.

Companies and owners behind the systems, including major Australian and multinational firms, have been alerted to the new designations and associated responsibilities. “Australians deserve a government that provides them resilience, reassurance and safety in how we guard our sovereignty and protect our national life. Instead, our national conversation on these matters has been characterised by anxiety, vitriol, and confusing chest-beating with strength.

“These declarations support the continued availability and integrity of assets, which are the most crucial and interdependent to Australia’s economic, social and national security,” Ms O’Neil said. In March this year, an Australian community organisation was targeted by cybercriminals in an attack that saw the theft of internal data. The malicious actor involved gained access to the organisation’s servers by exploiting an unpatched version of Microsoft Exchange.State-based actors are also exploiting unpatched vulnerabilities in critical infrastructure here and around the world.

The specific declaration of a system of national significance and any supporting documentation is protected information under the law and cannot be shared publicly.System operators have increased responsibilities to protect against malicious activity. They can be required to provide systems information to the Australian Signals Directorate for the purposes of threat identification and to maintain emergency response plans and test for threats.

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