#62 Cha-ching! The cash flows for privacy and cyber

This week we look at the Federal Government's budget commitments to privacy, cyber security and online safety.

Notably, the Government has signifantly increased funding for privacy regulation for the next four years, while its funding commitments for cyber security reflect an important shift towards building broad-based economy-wide resilience.

 We break down the various commitments and their likely impact.

Links:

Budget documents https://budget.gov.au/content/documents.htm

OAIC portfolio budget statements https://www.ag.gov.au/system/files/2023-05/2023-24-AG-PBS-OAIC.PDF

eSafety funding quadruples (InnovationAus) https://www.innovationaus.com/esafety-resources-quadruples-as-national-cyber-office-funded/

OAIC welcomes additional Budget funding https://www.oaic.gov.au/newsroom/oaic-welcomes-additional-budget-funding

Cyber funding reporting (The Mandarin) https://www.themandarin.com.au/219732-budget-2023-chalmers-champions-sustainable-funding-of-government-services/

Cyber Wardens program https://cyberwardens.com.au/

Credits:

Music by Bensound.com