Key Points:
The new Cyber Security Strategy consolidates current thinking, and will be a good basis for further strategic development on corporate governance and supply chains.
As the digital landscape continues to grow and become more sophisticated, so too does the threat of cyber security incidents. Any executive officer or board member is (or should be) aware of the growing threat of cyber security to their organisations, a threat that's been recognised by the latest version of the Australian Government's recently released Cyber Security Strategy.
It focuses on specific government responses, and developing joint efforts of government and the private sector, and the Government is backing this with more than $230 million over four years to deliver the initiatives under the Strategy (in addition to the $400 million boost to Defence cyber capabilities over 10 years flowing from the Defence White Paper).
