State-sponsored cyber attacks targeting Australia’s critical infrastructure, businesses, and homes have surged, according to a government report released on Wednesday. The report reveals that these attacks occur at a rate of one every six minutes. In response to the increasing cyber intrusions, the Australian government established an agency in February to coordinate responses to hacks. To combat ransomware incidents, the government has also proposed cyber laws that would require companies to report all such incidents.
The Australian Cyber Security Centre (ACSC) recorded more than 94,000 reports of cybercrime in the financial year ending in June, indicating a 23 percent increase from the previous period. Defense Minister Richard Marles noted that the cyber threat landscape is rapidly expanding, with state actors showing a particular interest in Australia’s critical infrastructure. The ACSC report highlights that the techniques utilized by a state-sponsored Chinese hacking group, recently exposed by the Five Eyes intelligence alliance and Microsoft, could be employed against Australia’s telecommunications, energy, and transportation sectors.
Despite China being Australia’s largest trade partner, Marles characterized the bilateral relationship as complex and acknowledged China’s role as a source of security anxiety for the country. He emphasized the need for Australia to proactively prepare for potential threats while maintaining a productive relationship with China. The ACSC report follows a cyber incident at DP World Australia, one of the nation’s major ports operators, which resulted in a three-day suspension of operations.
Nigel Phair, a cybersecurity professor at Monash University, warned that cyber attacks against Australia will persist unless organizations prioritize security and effectively manage the risk to their information assets.
Overall, the report highlights the escalating cyber threat landscape in Australia and underscores the significance of bolstering cybersecurity measures across critical infrastructure sectors. The government’s proposed cyber laws and the establishment of the coordinating agency indicate a commitment to addressing these pressing concerns. As Australia navigates its relationship with China, a comprehensive proactive approach to security is essential to safeguard the nation’s critical assets.
