The Australian government considers itself to be "world-leading" when it comes to cybersecurity, with Minister for Law Enforcement and Cyber Security Angus Taylor telling ZDNet that Australia has the opportunity to extend its global lead to create a thriving local industry.
Today's security threats have expanded in scope and seriousness. There can now be millions -- or even billions -- of dollars at risk when information security isn't handled properly.
"You talk to other countries and we have a chance here to lead the world, it's very exciting not just so we can protect ourselves but so we can grow an industry," he said on Wednesday.
"I don't think anyone's where they wanted to be, we're all still facing risks, but I think we're in a great position I think now to deal with these risks at a speed and with a level of collaboration that very few other countries have."
To Taylor, it's important to keep abreast of the threat landscape as it changes, noting also that it helps the country has a leader in Prime Minister Malcolm Turnbull that understands technology.
"I think one of the reasons why we are arguably leading the world is that we have a prime minister who actually understands that, which is I think pretty much unique," he told ZDNet. "For me personally that is a huge help because it means I can have a detailed discussion with him about Intel chips, and he understands."