The Private Sector’s Role in Complying with Australia’s Security of Critical Infrastructure Act 2018

Summary:

The Australian Security of Critical Infrastructure Act 2018 has introduced new regulations for private sector stakeholders, requiring them to conduct risk assessments, develop security plans, and submit regular reports to the government. This summary highlights the key implications, challenges, and responsibilities for the private sector, including the need for significant investment in security measures, balancing security and operations, and navigating public-private partnerships. The Act presents both challenges and opportunities for private sector stakeholders, as compliance is crucial for long-term viability and security.