ABC to DOUBLE ITS spend on cyber security to $ 3.9 million after hackers attack Nine and disrupt live TV broadcasts
- The ABC has announced it will double its cyber security from $ 1.7 to $ 3.9 million
- The announcement comes after a cyber attack on the Nine Network
- Managing director David Anderson said it’s something ‘you should invest in’
- Since the attack, ABC and Nine have shared knowledge about how to better protect them
Australia’s national broadcaster will more than double its spending on cyber security measures following an attack on the Nine Network.
ABC director David Anderson has revealed that the broadcaster’s cybersecurity costs would increase from $ 1.7 million this fiscal year to $ 3.9 million next fiscal year.
“It’s honestly something that any media organization you have to invest in must invest to stand still,” he said Wednesday at a hearing on Senate estimates in Canberra.
The ABC has announced that they will increase their cybersecurity budget from $ 1.7 million to $ 3.9 million
‘The refinement of the attacks that you see, or that I certainly see in our organization, is increasing. So (does) the money you have to spend to constantly get ahead of that curve. ‘
But Mr. Anderson does not expect costs to continue to rise at that rate, saying they should remain constant at best.
The Nine Network was the target of a cyberattack in March that had major disruptions to live programming and publishing.
Since the incident, the ABC and Nine have shared knowledge on how to better protect their businesses.
ABC director David Anderson made the announcement in the wake of the cyber attack on the Nine Network
Mr Anderson also said the broadcaster was ready to finalize deals with Facebook and Google so that the tech giants would pay for its content.
Letters of intent have been signed with the two technology companies through the news media bargaining code.
While Mr. Anderson won’t say how much the deals would be worth, the money is expected to go to regional services.
“These investments will give a tremendous boost to the regions at a time when many areas of regional and rural Australia are experiencing a media service retreat,” he said.
Google has struck deals with News Corp, Seven West Media, Junkee Media, Nine, Australian Community Media, Schwartz Media, The Conversation, Solstice Media, The Guardian, and Times News Group.
Facebook has struck deals with News Corp, Seven, Nine, Private Media, Schwartz Media, ACM and Solstice.
ABC is ready to close deals with Facebook and Google so that the tech giants can pay for its content