The SOCI Act: A Framework for Managing Critical Infrastructure Security in Australia – Business …>
Business Module Hub – Aimee Hope
The Australian government enacted the Security of Critical Infrastructure (SOCI) Act in 2018 to safeguard the nation’s critical infrastructure.
This pioneering legislation establishes a comprehensive framework for managing critical infrastructure security, focusing on risk-based protection, collaborative resilience, and proactive readiness.
The Act covers various aspects, including identifying vital assets, safeguarding critical infrastructure with customized measures, and maintaining continuity protocols.
Furthermore, it streamlines responsibilities, ensuring effective coordination between government regulators and infrastructure owners.
Encouraging public-private collaboration, the Act promotes joint efforts to enhance security and resilience.
Notable features include cybersecurity upgrades, physical hardening, continuity protocols, and coordination between stakeholders.
Key indicators of the SOCI Act’s progress include a reduction in cyber incidents, regulatory assessments, and the publication of best practice guides.
To address challenges, the Act’s vision requires sustained efforts, including expansion to cover additional subsectors, regulation refinement, and global collaboration.
These efforts will contribute to bolstering national security by enhancing readiness, closing cyber vulnerabilities, and enabling information sharing.
Ultimately, the SOCI Act provides an adaptive framework to secure critical infrastructure against modern risks.
Its success relies on sustained coordination, funding, guidance, public-private cooperation, and enduring vigilance from stakeholders—contributing to collective security for future generations.
Link: https://www.businessmodulehub.com/blog/soci-act-framework-for-managing-critical-infrastructure-security-in-australia/