Australia to spend $1.62 billion on cyber security for private sector after rise in attacks

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SYDNEY (REUTERS) - Australia will spend A$1.66 billion (S$1.62 billion) over the next 10 years to strengthen the cyber defences of private companies and households following a rise in cyber attacks, Prime Minister Scott Morrison will announce on Thursday (Aug 6).. Read more at straitstimes.com.

SYDNEY - Australia will spend A$1.66 billion over the next 10 years to strengthen the cyber defences of private companies and households following a rise in cyber attacks, Prime Minister Scott Morrison will announce on Thursday .

That spending followed an attack by a"sophisticated state-based actor" on all levels of government, political bodies, essential service providers and operators of critical infrastructure. Morrison will pledge the increased spending to fortify the defences of critical infrastructure, boost police efforts to disrupt the criminal activity on the dark web and strengthen community awareness.

 

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