Part 5/10:
Burgess estimates that espionage-related damage costs Australia around $12.5 billion, though he admits this figure is likely an underestimate. Bazulo underscores the importance of refining this methodology to achieve more accurate assessments, as the number, while significant in absolute terms, pales compared to Australia’s $2 trillion-plus economy. Establishing a benchmark number is crucial for ongoing efforts to reduce espionage costs through improved intelligence and security measures.