A growing digital economy offers significant opportunities for all Australians, whether through new jobs, new business ventures or better ways to connect with each other. The COVID-19 pandemic has accelerated our transition to a digital economy and demonstrated the importance of the internet for our prosperity. However, as we become more connected, there are growing opportunities for cyber criminals to target Australians. It’s clear that government, businesses and the community need to take steps to protect Australia from cyber security, privacy and online safety threats.
This paper seeks the public's views about how the Australian government can incentivise businesses to invest in cyber security, including through possible regulatory changes. This work is an initiative of Australia’s Cyber Security Strategy 2020 and progresses recommendations of the 2020 Cyber Security Strategy Industry Advisory Panel. It will build on the federal government’s security of critical infrastructure reforms by uplifting the cyber security of all digitally-enabled businesses, and will ultimately support the government’s goal of being a leading digital economy by 2030.