This came off as critical, and I had to share it (despite steering clear of the “geopolitical issues”).
On Tuesday, Australia committed to doubling the size of its cyber defence capabilities with a near-A$10bn (US$7.5bn) budget initiative called Redspice (resilience, effects, defence, space, intelligence, cyber and enablers). Canberra said the initiative was the most significant investment in the Australian Signals Directorate, which is now responsible for cyber warfare and information security, in 75 years.
Canberra is preparing tougher legislation to protect national infrastructure assets from digital assault across 11 sectors, ranging from telecoms networks and electricity grids to water and sewerage companies. Businesses involved in financial services, defence, research, healthcare and education will also be subject to the laws.
Healthcare, as it is being digitized, assumes critical proportions with increased compliance costs. This has implications for “machine learning” in healthcare; I believe, understanding the response systems and traffic patterns. However, as I mentioned (and wrote earlier), having trusted supply chain issues is more critical than pure local encryption.