Australia’s digital economy needs strong cybersecurity to thrive

Cybersecurity remains top of mind for the Australian government, businesses and consumers, and the reason for this is clear: cyber-enabled crimes can cause billions of dollars in economic damage every year. Building a strong, cybersecure Australia is a cornerstone of a robust digital economy. On average, one cybercrime is reported every six minutes, according to the ASD Cyber Threat Report 2022-2023, with ransomware alone causing up to $3 billion in damages to the Australian economy every year. Robust cybersecurity must become achievable and accessible. Credit: iStock To address cyber risks, the federal government’s 2023-2030…