Australia’s cyber strategy needs a vulnerability disclosure upgrade (Adam Dobell, Ilona Cohen – The Strategist)

Australia is in a race against time. Cyber adversaries are exploiting vulnerabilities faster than we can identify and patch them. Both national security and economic considerations demand policy action. According to IBM’s Data Breach Report, the average cost of a data breach in Australia reached a record $4.26 million in 2024. By contrast, identifying vulnerabilities through ethical hackers costs on average $1670, according to HackerOne’s annual security report. The equation is simple: preventing breaches through the disclosure of vulnerabilities is far cheaper than dealing with the fallout of a successful attack.

Australia’s cyber strategy needs a vulnerability disclosure upgrade | The Strategist