Reflecting on the current state of cybersecurity, one stark admission stands out: “Well, I regret to inform you — we’re there now.” This statement underscores a reality that many had hoped to avoid but are now compelled to face.

Recent revelations have brought to light that Chinese hackers have been targeting and probing critical infrastructure. This development highlights a growing concern about the vulnerability of essential services to cyber threats from state-sponsored actors.

Moreover, the economic ramifications of such cyber espionage cannot be overstated. The Australian Institute of Criminology estimates that these unprecedented levels of espionage have inflicted a financial toll of approximately $12.5 billion on the economy between 2023 and 2024. This staggering figure underscores the far-reaching impact of cyber intrusions beyond mere operational disruptions.