CYBER SECRETS AT RISK – Tuesday July 30 2013

– Australia’s cyber security systems are in a mess and require immediate political action to protect vital national security and economic assets from cyber predators.
“Malicious cyber activity” is ranked number three on the list of seven key national security risks, and in 2012 cyber criminals hit 5.4 million Australians and cost the national economy a massive $1.65 billion.
During 2011-12, there were 400 cyber hits against government systems by foreign governments, including China and non-state players.
An Australian Strategic Policy Institute (ASPI) report out yesterday slams the lack of political action and the fact that no new funding has been provided for the establishment of an Australian Cyber Security Centre (ACSC).
That centre was supposed to be up and running by the end of this year as the front line in the war against cyber crime and cyber spying.
It will include staff from the Defence Intelligence Organisation, ASIO, Australian Federal Police and Australian Crime Commission.
“Having a central pool of funds for the ACSC would give impetus for each organisation to further their collaborative work rather than worrying about fulfilling their own budgetary requirements – Ian McPhedran


About Jumpin' Jack Cash
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