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This Week’s Highlight: RBA Threat Intelligence Service

The Reserve Bank of Australia (RBA) is Australia’s central bank, responsible for maintaining monetary stability, promoting economic prosperity, and overseeing a secure and efficient financial system. The RBA also manages Australia’s foreign exchange reserves, issues banknotes, and provides essential banking services to the government and other institutions.

The RBA is seeking to procure a Threat Intelligence Service via a Request for Proposal. This service will provide a cloud-based platform delivering curated, real-time cyber threat intelligence tailored to the RBA’s unique needs. The service will enhance the Bank’s cybersecurity defences, streamline intelligence gathering and analysis, and support decision-making at both operational and strategic levels.

Specifications and Details:

  • Threat Intelligence Platform: A web-based portal offering real-time updates, detailed analysis, and reporting on global cyber threats, sourced from multiple external data streams.
  • Integration and Scalability: The platform must integrate with existing workflows, initially supporting four analysts and scalable to ten users.
  • Training and Support: Comprehensive training for analysts and 24/7 technical support to ensure effective implementation and use.
  • Performance and Reliability: Guaranteed 99.5% system uptime, with robust incident resolution processes and high data accuracy standards.
  • Additional Requirements: Flexible pricing and professional services to assist with implementation and user onboarding.

Tenders will be assessed based on the provider’s technical capability, capacity to meet security goals, value for money, and alignment with corporate social responsibility principles. The initial contract term is 24 months, with the option for two 12-month extensions

The closing time and date for responses will remain open until the 13th of December 2024. 

If you are after further advice on this topic or any tender opportunity, feel free to contact us. You can also subscribe to this newsletter for regular weekly updates.

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