Corporations are making valiant efforts to protect their assets and capabilities from attacks in the physical and cyber environments. But such attacks are not just matters of commercial concern to companies and their shareholders. They have significant potential to weaken national resilience.
There exists a void between business and national security agencies when it comes to understanding each other’s capabilities and limitations. There are already in place some mechanisms, established by both the Australian government and state governments, for security agencies to “hook up” with business. But the structures are fragmented between and within government departments and agencies and are often based on sector-specific silos.
Developing a secure and resilient nation can only be ensured through mutual obligation whereby both government and business understand and are committed to developing and maintaining the measures required to safeguard Australia. The threats we face don’t recognise the walls that exist between Australian businesses and national security agencies. To safeguard Australia, we need to put more doors in those walls. Today, corporate security is national security.
Strategic Insights 144
Australian Strategic Policy Institute Limited 2019