Australia's Cyber Security Sector Competitiveness Plan 2023

Globally, 2023 was met with a dynamic geopolitical landscape, an accelerating cyber arms race and global economic uncertainties. Nationally, natural disasters impacted our country’s ability to connect and many of our ASX listed companies and critical infrastructure providers were subject to cyber attacks, causing a ripple effect across all market segments and concern amongst the community.

The necessity to prioritise and invest in cyber security has never been more pronounced to protect our economy and its assets – from our nation’s security and communities’ personally identifiable information, to the livelihood of our small businesses.

We are pleased to present the sixth edition of Australia’s Cyber Security Sector Competitiveness Plan (SCP), developed in consultation with industry, academics and federal and state/territory governments.

The SCP continues to be AustCyber’s flagship publication designed to help shape, inform and grow Australia’s vibrant and globally competitive cyber security sector.

The 2023 edition has been developed with three key factors in mind – the release of the 2023–2030 Australian Cyber Security Strategy; a cyber security sector that can no longer be classified as emerging, but more so maturing; and the maturity of the data now available.

As part of the 2023 edition and where possible, we have provided the reported growth of certain data sets from all six editions of the SCP. A clear view of the maturity and size of Australia’s cyber security sector is essential for strategic growth. Good policy and future investments are contingent upon policymakers, entrepreneurs and investors having a clear picture of the sector on which to make informed decisions.