APAC’s Cyber Security Partnerships soaring high between public and private

TLDR:

• APAC governments are partnering more closely with private-sector organizations for cyber security.
• Cyber security public-private partnerships are growing due to the realization that private sector assets are crucial in fighting cyber threats.

Australia is among the APAC governments forming public-private partnerships to combat cyber threats with the private sector. This collaboration involves sharing threat intelligence, cyber capacity building, research, and joint investigations. The rise of these partnerships is driven by the increasing cyber threats, including ransomware attacks and nation-state activities.

Public-private partnerships in cyber security involve government entities and private sector organizations working together to enhance a country’s digital security. They are essential for responding to threats and building resilience against cyber attacks. Countries like the U.S. and the UK have pioneered such partnerships to secure critical infrastructure.

Sabeen Malik, VP of Global Government Affairs at Rapid7, highlighted the growth of partnerships in APAC, with governments recognizing that private sector assets play a crucial role in addressing cyber threats. With the surge in attacks in the APAC region, collaboration between governments and businesses is vital to combat cyber threats effectively.

Australia has embraced closer partnerships with the private sector to strengthen its cyber security strategy. Initiatives like the Cyber Incident Review Board and the formation of an Executive Cyber Council aim to enhance threat information sharing and drive public-private collaboration. Additionally, partnerships with industry players like Microsoft are further enhancing cyber threat intelligence sharing and response capabilities.