Originally published: Australian Cybersecurity Magazine, 11 June 2024
A recent poll conducted by exposure management business Tenable shows that 79% of Australian IT and cybersecurity professionals think the Australian government could do more, including boosting funding, to reduce cybersecurity risks.
The data, collected in partnership with Pureprofile, comes from a poll of over 200 IT and cybersecurity leaders across Australia’s insurance, banking, education, healthcare and transport sectors. The respondents said cyber funding in the recent federal budget was somewhat adequate but insufficient in addressing evolving cyber threats.
In particular, IT leaders emphasise the need for increased federal funding for proactive cybersecurity, with 79% advocating for a stronger focus on preventive cybersecurity measures. While 60% of respondents expressed confidence in the government’s ability to tackle cyber-related challenges due to the recent budget announcement, almost 40% of stakeholders believe it falls short of meeting all requirements.
