INSIGHT

NSW to bolster cyber security

By Gavin Smith, Valeska Bloch
Cyber Data & Privacy Financial Services Healthcare Technology & Outsourcing Technology, Media & Telecommunications

In brief

The NSW Government has recently announced a new $11.4 million investment to address emerging technology challenges including cyber security.

On 4 August 2017, the NSW Government announced an $11.4 million agreement with data innovation group Data61, to help tackle some of the state's top technology challenges, including cyber security. The three-year agreement is jointly funded by the Department of Industry and the Department of Finance, Services and Innovation.

The initial focus of the collaboration with Data61 involves two key projects:

  • Cyber security: trialling of different artificial intelligence models to identify existing and emerging security threats; and
  • Blockchain: assessing how blockchain and other technologies can be used to share cyber security information across government agencies.