Microsoft has pledged AU$5 billion to improve Australia’s cybersecurity. The funding is expected to elevate the country’s digital nation status and help counter growing cyber threats and cloud malware. The announcement was made during Australian Prime Minister Anthony Albanese’s state visit to the US. The key focus is to enhance measures against the increasing frequency and complexity of cyberthreats. The collaboration is also set to involve the exchange of crucial cyberthreat intelligence.
Healthcare Cybersecurity Market Projected for Steady Growth
The global healthcare cybersecurity market is expected to reach $61.63 billion by 2031, growing at a compound annual growth rate (CAGR) of 15.5% from 2024,
