Cybersecurity and the NSW Budget 2021-22

Initial thoughts

Despite the recent release of the NSW Government’s updated Cyber Security Strategy, very little cyber has actually made it into the budget. While the budget includes $500 million of additional funding allocated to the $2.1 billion Digital Restart Fund, only about $30 million in total appears to have been allocated to cyber.

Spend

Here is a breakdown of the cybersecurity-related items in the budget:

  • Ministry of Health: Undeclared amount for their Health Cyber Uplift. Percentage of spend as a proportion of “Total Works” — N/A.
  • Department of Planning, Industry and Environment: $2,154,000 for their Cyber Security Uplift Program. Percentage of spend as a proportion of “Total Works” — 0.34%.
  • Department of Communities and Justice: $7,356,000 for Cyber Security Enhancements. Percentage of spend as a proportion of “Total Works” — 0.81%.
  • NSW Police Force: $4,311,000 for their Cyber Security Transformation Program. Percentage of spend as a proportion of “Total Works” — 1.11%.
  • Essential Energy: $10,291,000 on Cybersecurity. Percentage of spend as a proportion of “Total Works” — 1.72%.

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Ian Yip

Ian Yip

Cyber Risk. Cybersecurity. Business. Tech. Entrepreneur. CEO at Avertro. Former CTO at McAfee Asia Pacific.