Australia to spend $1.2B to bolster cybersecurity over next 10 years

Australian Prime Minister Scott Morrison will reportedly announce the govt’s plan to spend $1.19B to bolster the cyber defence of private firms, households over the next 10 years. Cyberattacks cost about 1.5% of the Australian GDP. This move comes after Australia witnessed a series of a cyberattack; 2019 attack on Australian parliament, being the most intense one. The country will work on disrupting would-be attackers, fortify critical infra, boost police efforts.

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