Almost 10 days ago, Australian Prime Minister Scot Morrison made it formal that the critical infrastructure of his nation was being bombarded by cyber attacks probably launched by hackers funded by Chinese Intelligence.
Now, the country has decided to bolster its defense-line against state-funded cyber threats by investing $1.22 million in a firm named Cybermerc to develop a threat intelligence platform named Aushield Defend- all as a part of AustCyber Initiative.
Aushield Defend will be acting as an information-sharing platform where businesses operating in Australia can share data related to threats, research, and academia.
“On an overall note the new platform will help Australian populace to work together in shielding their networks”, said Matthew Nevin, the Chief of Cybermerc. He added that as a part of this online community program, Universities and research institutes operating across the Australian continent will be able to have access to the latest malware, and some mitigation issues.
Additionally, information is out that some of the funds from the AustCyber will also go to the TAFE Cybersecurity Education Project initiated by the University of Adelaide. And as a part of this project schools operating in the region will gain threat intelligence related resources and data related to job vacancies in the field of Cybersecurity.
Note- AustCyber is a federally funded non-profit organization founded in the year 2017. Its objective is to boost innovation and science in Australia and is being achieved through extensive research and consultation; thus eventually boosting the Cybersecurity Sector’s growth across the whole of Australia.