Melbourne poised to become first cyber-ready city

Tuesday, 23 May, 2017

Melbourne poised to become first cyber-ready city

The Cyber Victoria program has been launched, as part of an effort to help the state become the first cyber-ready city in Australia.

The program will be delivered by LifeJourney, the company credited with driving the Cyber Maryland program — an initiative that has seen Maryland, USA, develop a world-leading cybersecurity cluster.

With its Asia Pacific Headquarters now in Melbourne, LifeJourney is partnering with Optus to ensure Victoria has the most skilled cyber workforce in the Asian region and provides companies, both established and start-ups, with the necessary talent pool to build a cyber-ready workforce.

Cyber Victoria will be rolled out over the coming months with more announcements to be made during that time.

“Cybersecurity is growing at an astonishing rate across Australia and globally, so it is important that we grow with it so we can capitalise on an industry now worth US$71 billion annually,” said Minister for Small Business, Innovation and Trade Philip Dalidakis.

In addition, US-based cybersecurity company HyTrust will establish its new Australian headquarters in Melbourne.

HyTrust creates information security solutions for organisations that use cloud services, and will use its new Melbourne office as a base to expand into the Australian and Asia Pacific markets.

The announcement follows the recent move by Israeli cybersecurity leader CyberGym to relocate its global headquarters to Melbourne and create 60 new high-skill jobs over the next three years.

Victoria is already home to the largest cybersecurity cluster in Australia, which includes the government-backed Oceania Cyber Security Centre and the CSIRO’s Data61Cyber Security and Innovation Hub.

The government has also secured agreements to work with global research powerhouses including Oxford University’s Global Cyber Security Capacity Centre, Israel’s Tel Aviv University and the Commonwealth of Virginia, the biggest defence state in the US.

Cybercrime affected 46% of small and medium Australian businesses in 2015 and costs the economy around $17 billion a year.

Image credit: ©alphaspirit/Dollar Photo Club

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