Business Insight

Ashurst response to the 2023 – 2030 Australian Cyber Security Strategy Discussion Paper

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    In December 2022 the Minister for Cyber Security, the Hon. Clare O'Neil MP announced the development of the 2023-2020 Australian Cyber Security Strategy (the Strategy), marking a new frontier in Australia's national cyber security landscape. 

    Recognising that investment in cyber security is a top priority for the government and industry, Ashurst provided a submission as part of the consultation process addressing key legal, regulatory and operational measures critical to strengthening Australia's cyber resilience.

    The 2023 - 2030 Australian Cyber Security Strategy must address the imminent threat within our existing ecosystem. Industry and government must be incentivised to invest in:

    1. Business transformation to reduce exposure
    2. Uplifting operational security
    3. Building a resilient ecosystem focused on incident response and recovery
    4. Designing regulation and enforcement for resilience

    Future reform no longer needs to target raising awareness of the threat, but should pivot towards building systemic cyber resilience into the ecosystem. Ashurst looks forward to the opportunity to continue discussions and collaboration with the Minister for Cyber Security and Expert Advisory Board.

    Authors: John Macpherson, Partner, Ashurst Risk Advisory; Amanda Ludlow, Partner; Renee Green, Expertise Counsel; Andrew Hilton, Expertise Counsel; Mathew Baldwin, Partner; Miriam Kleiner, Partner; Rehana Box, Partner and John Moore, Director, Ashurst Risk Advisory.

     

    Ashurst Response to 2023 - 2030 Australian Cyber Security Strategy Discussion Paper

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