MacGibbon: cyber catastrophe is society’s ‘greatest existential threat’ right now

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If you think cyber risk management is not the end of the world you are dead wrong, according to the federal government’s top adviser on these matters.

Alastair MacGibbon thinks a potentially cataclysmic cyber security failure is “the greatest existential threat we face as a society today” and the relevant authorities have not been taking it seriously enough.

He told delegates at last week’s National Investigations Symposium — who came mostly from regulatory, law enforcement and public sector integrity agencies, as well as internal integrity units – that “cyber-related evidence” would soon become integral in most of their biggest investigations.

“Now let me say I’m no climate change denier,” he quickly added, delivering the opening keynote on Wednesday.

“I believe climate change is impacting us, but I’ll say if you’re going to look for a catastrophic event that will impact upon the livelihood of Australians, the lives of Australians and the wellbeing of Australians, it will be a cyber security incident.”

MacGibbon went through a timeline of recent events that illustrate why he believes the good guys have…

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