Victoria continues to be at the forefront of Australia's strength and capabilities in cyber security following the launch of the state's new program – Cyber Victoria.

Melbourne – home to Australia's largest cyber security cluster

The key objectives of the Cyber Victoria program – to be delivered by US company LifeJourney in partnership with Optus – will be to ensure that Victoria has the most skilled cyber workforce in the Asia Pacific region, and to provide companies – both established and start-ups – with the necessary talent pool to build a cyber-ready workforce.

LifeJourney – who chose Melbourne as the city to base their Indo-Pacific international headquarters in 2015 – are credited for being the key drivers for the Cyber Maryland initiative that's seen Maryland develop a world leading cyber security cluster.

In the announcement made on Tuesday 23 May 2017, Victoria's Minister for Small Business, Innovation and Trade, said it's important to capitalise on the data and cyber security industries, "growing at an astonishing rate across Australia and internationally, and worth US$71 billion annually".

While Victoria has traditionally held a very strong position for manufacturing in defence, "the next area for growth in a globally connected defence industry is in ICT and cyber security," said Victorian defence advocate, Greg Combet AM.

Melbourne is currently home to Australia's largest cyber security cluster – including the government-backed Data61 Security and Innovation Hub, and Oceanic Cyber Security Centre – earning a global reputation for being the ICT hub city of Australia.

Adding to the announcement made on Tuesday, the US-based firm, HyTrust will be joining a growing list of cyber security organisations choosing to establish their headquarters in Melbourne, which include Israeli cyber security leader, CyberGym – another big win for Victoria after initial meetings with the company during a cyber security Trade Mission to Israel in November 2016.

Further agreements have been secured by the government to work with global research powerhouses including Oxford University's Global Security Capacity Centre, Israel's Tel Aviv University, and the Commonwealth of Virginia – the biggest defence state in the US.

Paul Chase, Chair of the Victorian Defence Alliance: Digital Victoria, said that with a "significant number of global primes now based in Melbourne, a highly skilled workforce, and the quality of our universities that are focused on innovation, Victoria offers an outstanding opportunity for export".