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Cyber security

The scale and sophistication of cyber attacks is increasing. And they’re becoming harder to detect.

Australian expertise, backed by the A$1.7 billion Cyber Security Strategy, is creating a more secure online world and driving the commercial creation of new and innovative cyber security solutions that have strong global appeal.

Demand for cyber security products and services is growing. Australia’s appetite for cyber solutions is expected to see sales grow to A$7.6 billion by 2024. Our cyber security industry has a reputation for creating world-class products that are swiftly incorporated into existing systems and platforms.

Australian expertise includes: secure mobility solutions, quantum encryption, AI-driven deception, IoT security, and cloud security.

Australia is investing A$100 million in a digital skills package through the Digital Economy Strategy 2030 that includes an expansion of the Cyber Security Skills Partnership Innovation Fund.

 

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An ideal environment for cyber security businesses

With robust legislation, advanced law enforcement capability, rigorous policy development and strong technical defences, Australia is an ideal environment for developing and deploying advanced cyber security solutions.

Several of the world’s leading security companies have set up technical operations here, including NEC, which has built a A$4.38 million Global Security Intelligence Centre in Adelaide.

Other global security companies with operations in Australia include:

  • Akamai Technologies 
  • Context Information Security
  • iSight Partners
  • NCC Group
  • Ping Identity.

We’re a great place for startups. You’ll find more than 90 accelerators and incubators to help you network and advance your ideas.

AustCyber is a not-for-profit organisation dedicated to growing the Australian cyber security ecosystem, exporting Australia’s cyber security to the world, and leading the way in cyber education. It boosts collaboration, innovation and participation in globally competitive markets.

 

  • Australians spent A$5.6 billion on cyber security in 2020
  • Gross value add of Australia’s cyber security sector is around A$2.3 billion
  • 26,500 people employed in cyber security in Australia in 2020
  • 43% of Australian cyber security businesses are exporting globally
  • High collaboration: between 33% and 44% of startups partner on product and service delivery solutions
  • By 2024, the Australian sector will generate:
  • A$1.4 billion in additional revenue
  • 7,000 additional jobs
  • spending of A$7.6 billion on cyber security from local and international providers

Source: AustCyber's Cyber Security Sector Competitiveness Plan 2020

Photo of Michelle Price, CEO of AustCyber
Australia's famous lifestyle is increasingly matched in professional standings by our thriving, globally respected tech sectors - including cyber security. Our infrastructure and flexible working style mean tech jobs can be done from just about anywhere, mixing world leading roles that have impact with physical surroundings of your choosing. Australia's Cyber Security Sector Competitiveness Plan (SCP) shows that between 2017 and 2020 alone, cyber security sector revenue has grown by more than 20%, across over 500 technology and service providers, who are supported by about 26,500 workers. We are now seeking to double down on our expanding workforce and capability sets to sustain and capitalise on this growth - that means we need talent, and we need you. Join us in growing, diversifying, and invigorating the Australian tech landscape!
Michelle Price, CEO,
AustCyber

World-class cyber security research capability

As home to some of the best cyber security researchers in the world, it’s no wonder we rank ahead of the US, Canada, England, Germany, Japan and Singapore for the quality of our  research.

Australia is a popular test bed and launch market for new technologies – we’re ranked fourth in the world for patent filings in cyber security R&D.

And we’re all about collaboration. By bringing your ideas and expertise to our cyber security ecosystem, you’ll have access to Joint Cyber Security Centres in five of our major cities. These innovation hubs provide a forum for industry, academia, government and the research community to come together to share information and ideas in a trusted, neutral environment.

You can also partner with CSIRO’s Data61, the digital specialist arm of our national science agency. Collaborations with industry have led to breakthrough cyber security technologies like the seL4 kernel, which provides the strongest operating system security in the world, and the Personal Information Factor tool, which ensures that de-identified personal information within a dataset is kept private and secure.

 

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Incentives, grants and support

 
The Cyber Security Growth Centre, AustCyber, is working with the sector to help increase collaboration, build capability, innovate and participate globally competitive markets.

Activities include:

 

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Factsheet

Australia’s cybersecurity ecosystems

Recent arrivals

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