Vault Systems sells 23 percent stake to Moelis Australia - Cloud - Services  - CRN Australia Canberra-based cloud provider Vault has told the government it has serious concerns that the data and cloud sector has no regulator even though it is the country's most critical infrastructure sector as it links to all critical infrastructure sectors. The company was responding to a call for submissions to the government's consultation paper on protecting critical infrastructure and systems of national significance.

 

A draft bill will be circulated next and it is intended to change the Security of Critical Infrastructure Act 2018 and put in place "an enhanced framework to uplift the security and resilience of Australia’s critical infrastructure. The regulations support the operation of the bill’s assistance and co-operation measures".

The changes are part of the country's Cyber Security Strategy 202​0.​​​ A total of 194 submissions to the consultation paper were received and 128 were made public a few days ago....MORE

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