$400 million: The cost of Australia’s cyber security skills shortage
The skills shortage in the cyber security sector is more severe than expected, according to a new analysis released today.
The skills shortage in the cyber security sector is more severe than expected, according to a new analysis released today.
AustCyber chief executive Craig Davies has left the organisation — which launched as the Australian Cyber Security Growth Network — effective today, with chief operating officer Michelle Price taking on the CEO role.
A delegation of Australian cyber security start-ups will be heading to San Francisco in January next year, as part of a Austrade and AustCyber backed initiative.
The government will invest $50 million over seven years to help establish an industry-led Cyber Security Cooperative Research Centre (CRC).
Australia is not renowned for producing homegrown security hardware, but Canberra-based company Penten is bringing to market a tiny device that promises big benefits, and significant cost savings, when it comes to secure wireless access to classified data and government networks.
Last September a report by US think tank, the Center for Strategic and International Studies, commissioned by Intel Security, found that 88 per cent of Australian IT decision makers surveyed believed there was a local shortage of cyber security skills.
Last December Craig Davies, former head of security for Atlassian, was named head of the government’s new Cyber Security Growth Centre launched with $31.9 million of funding over three years.
A new National Plan to Combat Cybercrime, collaboration with industry to boost the security of Internet of Things devices, and work on reducing supply chain risks to government IT systems are some of the next steps in the government’s national cyber security strategy.
The first Australian-government backed roadmap to help strengthen the local cyber security industry will be launched today.