On 20 May 2021, The NSW Government released its 2021 Cyber Security Strategy. The Strategy announced a ‘cyber hub’, which will be housed in Sydney, and which will take over the functions of the NSW Cyber Security Innovation Node. It will be run by Investment NSW as a “front door for cyber industry support”, offering several programs to connect the public, private and research sectors.
The new Strategy sets best-practice cyber security guidelines for NSW agencies and has been consultatively developed with input from over 85 organisations and more than 90 cyber security industry professionals. It builds on the previous NSW Cyber Security Strategy and the 2018 NSW Cyber Security Industry Development Strategy.
The hub is intended to help resolve several cyber security issues which were identified as a result of the consultative process. The issues include a sub-optimal level of agency cyber security maturity, a constantly evolving cyber threat landscape and an over-reliance on foreign suppliers.
The cyber hub is also intended to deliver initiatives that will accelerate the growth of NSW cyber security businesses, help attract and maintain a dynamic workforce, address skill gaps within the public service, and support research and innovation..
The 2021 Cyber Security Strategy will drive activity to create opportunities for new vendors to enter the NSW cyber security market.
Minister for Jobs, Investment, Tourism and Western Sydney Stuart Ayres announced that the NSW government is committed to creating growth in the state’s cyber security market to “drive our international competitiveness” and “help the NSW digital economy thrive”.