Australia: Implementation of Australia Security Legislation Amendment (Critical Infrastructure) Bill 2021

On 2 December 2021, the Security Legislation Amendment (Critical Infrastructure) Bill 2021 comes into force after receiving royal assent. The Bill expands the sectors that are considered "critical infrastructure", including companies that provide data storage or processing services. Moreover, the bill introduces additional cybersecurity obligations for critical infrastructure assets, such as mandatory risk management programs and rules for cyber incident reporting. Finally, the bill improves the government assistance to relevant entities for critical infrastructure assets.