FEDERAL CYBER FUNDING ANNOUNCED - STRENGTHENING AUSTRALIA'S DEFENCES AGAINST CYBER THREATS

10 May 2017

JLT welcomes the Australian Government’s investment in addressing the risks and challenges posed by the continual increase in malicious cyber activity facing Australian business and government, announced in last night’s Federal Budget.

“Continuing to strengthen Australian networks and systems, and investing in key government agencies will assist Australia in protecting itself against threat actors seeking to infiltrate Australian businesses through criminal networks or compromised government agencies” says Leo Demer, CEO of JLT Australia.

Addressing the current shortage of cyber security skills and knowledge through employment and education initiatives and corporate partnerships is key to defending government agencies and Australian business. This will ensure Australia is properly equipped to detect, deter and respond effectively to the growing numbers and complexity of cyber threats and to defend our interests in cyberspace into the future.

JLT supports the Federal Government establishing a Cyber Security Advisory office to centralise governance for cyber security as well as its further funding of the Australian Federal Police, designed to combat serious cyber-crime, counter-terrorism, and related organised crime.