Since 2008, the Rudd government has commissioned over two dozen policy reviews on all aspects of national security, from terrorism to transnational crime. But integrating these various strands of security policy in an increasingly complex and complicated risk environment is a difficult task. This Policy Analysis sets out the challenges of building a more integrated national security strategy. It argues that the concepts of risk and networked security are central to understanding and mitigating the growing number of national security issues facing Australia.