Of this, $50 million will go towards hiring people to expand the workforce, The Age reported. Australian Cyber Security Centre head Alastair MacGibbon is expected to lead this initiative, in co-ordination with the Defence and Home Affairs departments.
The pledge will come in the wake of an announcement in February that the networks of the Australian Parliament and the three main political parties — Liberal, Labor and National — had been breached.
Earlier this month, the director-general of the Australian Signals Directorate, Mike Burgess, told the Senate Foreign Affairs, Defence and Trade Legislation Committee that the breach had been carried out by sophisticated nation-state actors.
The ACSC will get an additional $26 million to provide assistance to the community in the event of any cyber attacks.
The workforce expansion program will provide scholarships for study in the field of cyber security with 50% of the places reserved for women.
Questacon, a Canberra science and technology centre, will be provided funds to train teachers and help students develop an interest in STEM subjects.
The Australian Defence Force will use the remaining $40 million to hire more military cyber experts over the next four years.