The Albanese government has called on Australia's superannuation industry to cease internal disputes and collaborate urgently to strengthen cybersecurity defences.

Assistant Treasurer Daniel Mulino has pressured the Association of Super Funds of Australia and Financial Services Council to merge their efforts, citing concerns over the sector's inadequate cyber resilience.

This comes amid fears that the industry's fragmentation leaves retirement fund members vulnerable to cyberattacks, just one year after a major coordinated breach.

The government's push highlights the critical need for unified action to protect sensitive financial data and ensure the stability of Australia's retirement savings system.

Industry leaders are being urged to prioritise collective security measures over competing interests, with regulators and Treasury expressing ongoing apprehension about the sector's preparedness.

The situation underscores the growing importance of cybersecurity in safeguarding Australia's financial infrastructure and the potential risks of inaction in an increasingly digital world.