Australia's Defence Strategy Boosts Cybersecurity, Space Capabilities
Macquarie Government has welcomed the federal government's release of the public version of the Defence Strategic Review (DSR). The DSR hints at a new commitment to grow Australia's sovereign industrial capability, with a focus on robust cybersecurity, data networks, and space capabilities. Macquarie's cyber engineers already protect nearly half of federal government agency personnel by monitoring billions of cyber events daily.
The DSR recommends a biennial National Defence Strategy to tackle evolving cyber threats. It also suggests reforming Defence capability procurement to prioritise 'delivering timely and relevant capability' over 'project management risk', shifting towards 'strategic risk management'. Macquarie Government Managing Director Aidan Tudehope sees cybersecurity as a form of power projection and a tool of statecraft. The DSR echoes this sentiment, placing strong emphasis on cybersecurity as both a defensive and offensive capability within Defence.
Macquarie Government views the DSR as an opportunity to enhance Australia's sovereign industrial capability and national resilience. The DSR's recommendations, including biennial strategy reviews and procurement reform, aim to strengthen Defence's ability to address emerging threats, with cybersecurity playing a pivotal role.
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