US-based tech company also pledges to work with Australia’s cyber spy agency in joint announcement with Anthony Albanese
Microsoft says it will invest an additional $5bn in Australia over the next two years to expand hyperscale cloud computing capacity while collaborating with the Australian Signals Directorate to boost domestic protection from cyber threats.
In a statement, the computing giant said the exchange of cyber threat information leads to better protection for Australian residents, businesses and government entities. Microsoft said the focus of its activity would be on detecting, analysing and defending against sophisticated nation-state cyber threats.
A recent threat report from the Australian Cyber Security Centre found one incident is reported on average in Australia every seven minutes. More than 76,000 incidents of cybercrime were reported in 2021-22. The computing giant has committed to supporting an additional 300,000 Australians as part of its global skills programs and is “working towards” launching its first Datacentre Academy in Australia in early 2024, in partnership with Tafe NSW.
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