Labor has called on the Government to step up security for Australians, amid claims that a major cyberattack could disrupt our banking system and leave banks unable to process payments.
The Federal Government has already announced a range of measures to ensure Australians are safe, including the installation of an automated and real-time anti-malware system and a “cybersecurity team” in banks.
In a report to the Parliament this week, Labor’s communications spokesman Scott Ryan said the Government had the right to implement measures that will prevent a massive internet-based attack from happening.
“But the Government has failed to deliver on its commitment to Australians and to the Australian people to get the necessary cyber security measures in place,” he said.
There are no new cyber attacks that could be carried out by an attacker without a significant amount of infrastructure to back it up, Mr Ryan said.
“So, the Government must now work with the private sector to develop an operational plan to secure critical infrastructure.”
He said the government had already provided security for Australia’s banking system, which has been affected by two cyber attacks in the last three months, including one that wiped out more than $10 million worth of the system’s financial records.
Mr Ryan said it was important that the Government put the security measures it had in place in place across all financial institutions.
Labor has also called for the Federal Government to investigate claims by banks and other businesses that their systems were breached.
“The Government must be transparent about the scale and nature of cyber threats to the banking system,” Mr Ryan wrote.
He said it would be vital for the Government’s own cyber security department to have access to its own cyber threat intelligence to see how much damage it could cause.
“If the Government does not have a plan for the security of critical infrastructure, then it is crucial that this intelligence be shared to the private and public sectors to understand the extent of the threat,” Mr Mr Ryan added.
“This is also why we have asked the Government for an independent cyber security audit to be conducted by a non-partisan independent agency, which should provide a transparent assessment of the Government cyber security plans.”
“It is essential that these critical infrastructure vulnerabilities are identified and addressed by the Government so that Australians can take action to protect their financial system.”
Topics:business-economics-and-finance,security-intelligence,banking,internet-technology,internetworking,internetworks-and_technology,cyber-attacks,security,securityintelligence,government-and.govt-office,australiaFirst posted September 18, 2018 13:37:38Contact Peter DuttonMore stories from New South Wales