Breaking News: Australia Unveils $382 Million Cybersecurity Overhaul

In response to a surge in cyber threats, Australia has announced a groundbreaking $382 million cybersecurity strategy aimed at fortifying national defenses and safeguarding critical infrastructure. The comprehensive seven-year plan includes cyber health checks for small businesses, increased funding for cyber law enforcement, and mandatory reporting of ransomware attacks.
Telecommunications firms will face enhanced cyber reporting rules, bringing them in line with measures applied to critical infrastructure. The government’s move comes after a series of cyber incidents, including data breaches affecting nearly half of Australia’s population. The strategy seeks to bolster cybersecurity resilience across the nation, encouraging collaboration and proactive measures to counter evolving cyber threats.
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