34 Meaning of significant cyber security incident

A cyber security incident is a significant cyber security incident if:

• (a) there is a material risk that the incident has seriously prejudiced, is seriously prejudicing, or could reasonably be expected to prejudice:
  • (i) the social or economic stability of Australia or its people; or
  • (ii) the defence of Australia; or
  • (iii) national security; or
• (b) the incident is, or could reasonably be expected to be, of serious concern to the Australian people.