Ransomware reporting rules aim to protect business

Labor is moving forward with major new cybersecurity laws that have limited-use provisions to stop regulators and law enforcement being informed of some payments.

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Copy link Copied Copy link Copied Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Already a subscriber? Login Information shared with federal agencies about cyber threats and criminal ransomware demands will be ring-fenced from regulators and law enforcement under new rules designed to protect businesses. Labor is moving forward with major new cybersecurity legislation, designed to close long-standing vulnerabilities and require firms with a turnover of $3 million or more to report ransomware payments to the Australian Signals Directorate’s Australian Cyber Security Centre.

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