Cybersecurity: Risks and Opportunities

The Economists' Corner

As the Federal Government ramps up its digital economy strategy, the safety of our cyber assets is back in the spotlight.

We know cybercrime is rising in scale and prevalence, and recent attacks on major infrastructure across the world show how high the stakes can be. At the same time, experts are warning of the rising cyber-espionage threat posed by state actors; the latest warning came just this week from the head of the UK spy agency MI5.

So, how serious are these threats? And are Australian business and governments doing enough to protect our digital assets?

For some answers to these questions, CEDA CEO Melinda Cilento spoke with CyberCX Chief Strategy Officer Alastair MacGibbon. He’s a former National Cyber Security Advisor and was hand-picked as special adviser on cyber security to Malcolm Turnbull when he was Prime Minister.