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Sunday, 16 February 2020 17:08

FifhDoman gets $1.19 million in funding from AustCyber


The Australian Cyber Security Growth Network AustCyber has announced its latest investment in industry-led projects, with specialist cyber security education and training company FifthDomain awarded a project to the value of $1.19 million in ongoing efforts to meet the ”skills shortage challenge”.

A Canberra-based startup, FifthDomain was the lead in last year’s AustCyber funded project, - Cybersecurity Skills and Technology Accelerator project - working closely with the Canberra Institute of Technology (CIT) to build sustainable cyber training, resources, programs and facilities to address the cyber skills challenge in Australia.

Matt Wilcox, CEO and Founder of FifthDomain said, “We were thrilled to received last year’s ACT Training Award for our collaboration project with CIT and AustCyber—it was a real recognition of what industry and the education sector can achieve if we work together to address this very real and critical issue”.

AustCyber say this year’s project will build on the success achieved last year and FifthDomain will integrate their virtualised learning platform to support the individual lab training established in 2019 and add cyber range exercises and “dynamic, gamified Capture the Flag style challenges to provide a variety of training experiences to optimise job readiness”.

“FifthDomain has demonstrated their standout abilities in bringing cyber education content to life. Cyber operators need real life experience defending against cyber threats and bringing together all of FifthDomain’s learning environments into one platform will provide valuable and deep learning experiences,” said Michelle Price, CEO of AustCyber.

“Importantly, this globally competitive platform provides uplift for teachers, mentors and workplace managers.

“Defending networks against malicious cyber activity is much like going to war. We expect our Defence personnel to constantly train and practice their craft to protect and defend. The same applies to cyber operators, they need to explore and practice many ways to protect our digital assets and information, so it becomes second nature”.

AustCyber say cyber security is a relatively new field and one that changes so rapidly it is difficult to keep pace with the threat, and this latest allocation of funding reinforces the need for industry partners and the education sector to work together to develop an effective a responsive workforce.

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Peter Dinham

Peter Dinham - retired and is a "volunteer" writer for iTWire. He is a veteran journalist and corporate communications consultant. He has worked as a journalist in all forms of media – newspapers/magazines, radio, television, press agency and now, online – including with the Canberra Times, The Examiner (Tasmania), the ABC and AAP-Reuters. As a freelance journalist he also had articles published in Australian and overseas magazines. He worked in the corporate communications/public relations sector, in-house with an airline, and as a senior executive in Australia of the world’s largest communications consultancy, Burson-Marsteller. He also ran his own communications consultancy and was a co-founder in Australia of the global photographic agency, the Image Bank (now Getty Images).

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