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Australian Defense Firms Losing Business Because of Cyber Attack Concerns

Forty percent of Australia’s small and medium businesses vying to win defense contracts are being rejected because of lax cybersecurity practices, prompting a new joint campaign to lift standards across the industry.

Warning that some firms have already been targeted, the Defence Department and Australian Industry Group will release a new guidebook for SMEs to help them gain a greater understanding of government requirements across cybersecurity, securing their premises and hiring personnel to handle classified information.

The guide identifies three major threats facing businesses: foreign government and state-sponsored espionage, cybercrime, and human error and insider threats.

Read the full story at The Australian Financial Review 

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The Government Technology & Services Coalition's Homeland Security Today (HSToday) is the premier news and information resource for the homeland security community, dedicated to elevating the discussions and insights that can support a safe and secure nation. A non-profit magazine and media platform, HSToday provides readers with the whole story, placing facts and comments in context to inform debate and drive realistic solutions to some of the nation’s most vexing security challenges.

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