The CTO of an Australian IT security company has claimed that the globalisation of the Australian aviation industry presents a significant threat to security.
A UK government study into the impact of cybercrime on the UK economy has estimated the cost at £27b per year. Extrapolating that to Australia on the basis of our GDP relative to that of the UK would give a headline grabbing figure of around $A22b. However scrutiny of the report reveals that it has little hard evidence on which to base this figure and instead relies on a number of assumptions.
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