Hope Frank, Contributing Editor
SPECIAL INTERNATIONAL REPORT
Cybersecurity Australia provides market sizing and industry forecasts from consolidated research by IT analyst firms, emerging trends, employment, and resources for chief information security officers (CISOs) and IT security staff.
Australia’s cyber security economy is rapidly expanding
Analyst firm Frost & Sullivan forecasted the cybersecurity market in Australia and New Zealand to reach revenues of more than $1.6 billion (USD) by 2019. This is up from a little over $590 million in 2012.
According to the “Cyber Security Review”, published in late 2014 by the Prime Minister, Australia faces real and growing cyber threats. In the year prior, the Australian Signals Directorate responded to 940 cyber incidents involving Government agencies, a 37 percent increase over the year before that.