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Cyber-crime tactics and targets are becoming ever more sophisticated and wide-ranging. Motives increasingly go beyond financial gain to disrupting or destroying important data and national infrastructure.
News reports from the New York Times recently highlighted American efforts to hack Russia’s electrical grid, pointing to how energy power grids have become an “international battlefield”.
According to the latest Accenture and Ponemon Institute’s Cost of Cyber Crime Study, targets are more likely than ever to include industrial control systems. Private organisations and public entities rely on these systems to deliver critical services.
This underscores the Australian government’s decision last year to introduce new measures securing the country’s highest-risk critical infrastructure assets from hacking, espionage, sabotage and coercion by foreign actors. This includes facilities across the electricity, water, gas and port sectors.
A year on, we’ve got an opportunity to assess the impact of this…
