Optus invests AUD 3.5 mln into Cyber Security Cooperative Research Centre

Thursday 23 November 2017 | 10:27 CET | News
Optus Business said it will invest AUD 3.5 million into the Cyber Security Cooperative Research Centre (CRC) as part of its increasing commitment to tackle the growing threat of cybercrime globally. Under the seven-year agreement, Optus Business will provide the Cyber Security CRC with direct access to its dedicated team of cyber-security experts and industry partners to accelerate the development of technologies boosting the country’s cyber defences. The Optus Business team will also work with the Cyber Security CRC to deliver training and guidance to help bridge Australia’s cyber skills shortage.

The company said its latest move extends its focus on the development of cyber-security products across the Financial Services, Retail, Mining and Agricultural industries, leveraging its investments and experience in critical infrastructure and IoT. Launched in September by the Australian Government with an investment of USD 50 million over the next seven years to build Australia’s cyber capabilities, the Cyber Security CRC will initially focus on Critical Infrastructure Security and Cyber Security as a Service (CSaaS).

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