$206m for cyber and data uplift amid business register fallout


Brandon How
Reporter

A $206.4 million Budget commitment to improved data capability and cybersecurity has been given to Australia’s two financial regulators, among a series of smaller cyber upgrades.

The funding, included in the 2024-25 federal Budget, will also go towards stabilising the regulators’ business registers and modernisation of legacy systems following the cancellation of the multibillion-dollar Modernising Business Registers program.

However, even as the dust piles up on last year’s cybersecurity strategy …

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