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Boost for Queensland’s cyber security industry

16 March 2021

Queensland has taken an important step in accelerating the growth of the local cyber security industry with the launch of two Queensland Cyber Security Innovation Nodes in Brisbane and Townsville this week.

Both Nodes will work together to strengthen the industry by supporting promising startups, growing exports, attracting investment and bridging the cyber security workforce skills gap to boost the economy and provide much-needed jobs across the state.

The establishment of the two new Nodes is the result of a partnership between AustCyber (the Australian Cyber Security Growth Network) and the Queensland Government through its Advance Queensland initiative, along with Townsville City Council.

According to Australia’s Cyber Security Sector Competitiveness Plan 2020, Australians spent approximately $5.6 billion on cyber security from local and international providers in 2020, with demand expected to reach $7.6 billion in 2024.

Currently, 26,500 workers are employed in cyber security in Australia, with 3600 located in Queensland.

The Queensland Cyber Security Innovation Nodes are part of AustCyber’s National Network of Cyber Security Innovation Nodes, which currently comprise Canberra, South Australia, Western Australia, Tasmania and New South Wales.

Queensland is the only state to host multiple Nodes. A third Node will come online on the Sunshine Coast later this year.

Louisa Partridge is the Manager of the Queensland Cyber Security Innovation Node in Brisbane and Miranda Mears is the Manager of the Townsville Cyber Security Innovation Node.

For more information about the Nodes, visit www.austcyber.com