SYDNEY: Australia will spend AUS$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. While much of Australia's cyber policy to date has focused on bolstering the defences of government agencies after an attack on the country's parliament in 2019, but malicious cyber activity is increasing against small and medium businesses, universities and households, says Morrison.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.
While Australia seeks to strength its cyber defences, it will also embark on a more aggressive approach to disrupting would-be attackers.
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