NSW CYBER SECURITY NODE OPEN FOR BUSINESS
The Morrison and Berejiklian Governments are continuing to invest in cyber security,
with the launch of a new hub to drive innovation and economic growth in the sector.
The NSW Cyber Security Innovation Node joins five other state and territory nodes
created in partnership with AustCyber.
Federal Minister for Industry, Science and Technology Karen Andrews said the new
node was another important step in developing an industry that would boost
Australia’s economy and create jobs.
“This new node in Sydney, backed by AustCyber and the NSW Government, will
bring together startups, corporations, universities, researchers and government
agencies to share expertise and create new ideas,” Minister Andrews said.
“The Morrison Government is determined to reap the rewards of the rapidly growing
global cyber security market which is expected to be worth US$250 billion by 2026.
“We want to generate more investment and more jobs for Australians.”
NSW Minister for Finance and Small Business Damien Tudehope said NSW was
Australia’s leading user of cyber security products and services and home to the
nation’s largest fintech industry.
“A cyber security network without NSW would not truly be a national network.
“Together with our launch of the NSW Cyber Security Industry Development Strategy
last year, the establishment of the node is a further important step taken by the NSW
Government towards strengthening our cyber capabilities,” Mr Tudehope said.
The NSW Cyber Security Innovation Node will be co-located with and complement
the Joint Cyber Security Centre in Sydney, which has a focus on threat information
It joins a network of nodes backed by AustCyber and state/territory governments
already established in Victoria, the ACT, Western Australia, South Australia and
Growing the cyber security sector is part of the Morrison Government’s broader plan
to grow the economy and create 1.25 million new jobs over the next five years.