The global economy is a complex cyber ecosystem. The movement of goods and services across cities, nations and the world assumes secure and assured access to the internet. Many processes are becoming automated and all manner of devices are being connected to the internet at an accelerating rate, a phenomenon known as the Internet of Things (IoT).
In March 2016 the Australian Government released its Cyber Security Strategy and this document provided important context for this IFRS study. The study also sought to understand the implications for Australia of regional approaches to cybersecurity and the roles that Australia might play to strengthen the cyber resilience of regional nations to their benefit and to Australia’s as well.