The Department of Home Affairs has released a consultation paper on Strengthening Australia’s Cyber Security Regulations this month. The paper is seeking to incentivise investment by businesses in cybersecurity, including through regulatory change.
WSAA is coordinating a whole of water sector response to the paper and we anticipate that many of our members will also be making submissions. Submissions are due by Friday 27 August.
It is an initiative of Australia’s Cyber Security Strategy 2020 and there are three areas of action:
- Establishing clear cybersecurity expectations for business and consumers
- Increased transparency and disclosure around cyber incidents, product certification and greater protection of consumer rights.
- Setting clear cybersecurity standards for corporate governance, personal information and smart devices.
The stated intention from the Department of Home Affairs is that any proposed legislation developed would be complementary to the Security of Critical Infrastructure Act. The consultation paper poses a series of questions about general considerations in relation to cybersecurity and how the development of legislation should occur and how it should be shaped. The consultation paper is open to anyone with a view.
If your water business is interested in contributing to the sector position please contact Greg Ryan to share your views.