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Bank Info Security 1 year, 7 months ago

Victims Must Disclose Ransom Payments Under Australian Law

New Law Calls for Better Reporting, Securing Devices and Critical InfrastructureThe Australian government's proposed cybersecurity legislation passed both houses of the Parliament on Monday, formalizing the government's strategy to boost ransomware payment reporting, mandate basic cybersecurity standards for connected devices and enhance critical infrastructure security.

Bank Info Security 2 years, 7 months ago

Australia Unveils AU$587M Strategy to Defeat Cybercrime

Australia Envisions Cybersecurity Leadership in the Pacific With New StrategyThe Australian government says it will mandate ransomware reporting by businesses, boost law enforcement capacity and fund startups with innovative cybersecurity solutions under a strategy unveiled Monday. "We cannot continue as we have," said Cyber Security and Home Affairs Minister Clare O'Neil.