Avoid possible fines from new cybersecurity requirements recently released last month within the 2020 Government cybersecurity strategy. Certain critical Australian infrastructure companies may now be penalised if they fail to meet new cybersecurity requirements.
When a company deliberately fails to comply with the new standards, the government will be able to penalise it. These penalties are not yet laid out but they could include fines.
The list of critical infrastructure providers within the new strategy released includes banking and finance, communications, data and the cloud, defence, education, research and innovation, energy, food and grocery, health, space, transport and water.