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ARTICLE · 08 DECEMBER 2020

Accountability For Cybersecurity In Australia—A Major Regulatory And Litigation Risk

Jones Day
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There are showers, there are squalls, and there are storms.

AustraliaTechnology

There are showers, there are squalls, and there are storms. The growth in cybersecurity attacks in Australia, as in much of the world, is a storm and Australian companies need to batten down the hatches. In the period from 1 July 2019 to 30 June 2020 alone, the Australian Cyber Security Centre ("ACSC") responded to 2,266 cybersecurity incidents at a rate of almost six per day and the ACSC expects the true volume of malicious activity to be much higher. 

When you consider the continued increase in cybersecurity attacks in Australia, it is unsurprising that cybersecurity has become a key policy issue for the Australian Government and is considered critical to Australia's national security, innovation and competitiveness. 

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