"Australia Invests AU$9.9 Billion in Cybersecurity"

Australia released its federal budget for 2022-2023 earlier this year, demonstrating a strong commitment to cybersecurity. The Australian Signals Directorate (ASD) will allocate and spend the AU$9.9 billion ($6.8 billion) investment over the next ten years through a new program called Resilience, Effects, Defense, Space, Intelligence, Cyber, and Enablers (REDSPICE). In 2020, Australia pledged AU$1.35 billion to security agencies through a program called Cyber Enhanced Situational Awareness and Response (CESAR). According to Minister for Defence Peter Dutton, in a joint media release, REDSPICE ensures that Australia keeps up with the rapid growth of potential adversaries' cyber capabilities as it provides new intelligence capabilities and cyber defenses to protect the most critical systems. The initiative's goal is to build on Australia's cybersecurity foundation by expanding the range and sophistication of the country's intelligence as well as its offensive and defensive cyber capabilities. The program's strategic objectives are to provide strategic advantage, lead cybersecurity, support military operations, defeat cyber-enabled threats, and provide trusted advice and expertise. The overall theme is to capture and sustain public trust in the Australian government's ability to protect against cybersecurity threats in the country. The REDSPICE Blueprint highlights the specific intended results of the program, such as triple current offensive cyber power, double persistent cyber hunt activities, an increase in the use of advanced Artificial Intelligence (AI), and more. This article continues to discuss the goals and funding behind Australia's REDSPICE project.

Security Intelligence reports "Australia Invests AU$9.9 Billion in Cybersecurity"