in

Australia to introduce new cyber laws with companies forced to report cyber attacks

Spread the love


Australia to introduce a raft of new cyber laws with companies forced to report cyber attacks – here is everything you need to know

  • Home Affairs Minister Karen Andrews has flagged new cyber offences
  • Dealing with stolen data,  buying or selling malware will be criminalised
  • Big businesses compelled to report ransomware incidents










Australian companies would be forced to report ransomware attacks and new cyber offences would be created under a federal government overhaul.

Home Affairs Minister Karen Andrews has flagged new stand alone offences including for cyber extortion and the targeting of critical infrastructure.

Dealing with stolen data knowingly obtained in the course of a separate offence would also be criminalised as would the buying or selling of malware for criminal purposes.

Home Affairs Minister Karen Andrews has flagged new stand alone offences including for cyber extortion and the targeting of critical infrastructure.

Home Affairs Minister Karen Andrews has flagged new stand alone offences including for cyber extortion and the targeting of critical infrastructure.

Businesses with an annual turnover of more than $10 million would be subject to a mandatory ransomware incident reporting regime.

‘Ransomware gangs have attacked businesses, individuals and critical infrastructure right across the country,’ Ms Andrews said.

‘Stealing and holding private and personal information for ransom costs victims time and money, interrupting lives and the operations of small businesses.’

Ransomware is a form of malicious software or malware used by cybercriminals to lock someone out of their files or computer.

Hackers demand money in exchange for restoring access.

Ms Andrews stressed the government did not condone ramson payments to hackers.

Advertisement



Source link

What do you think?

Written by bourbiza

Leave a Reply

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings

Boy ‘in his late teens’ is fatally stabbed on playing fields in leafy southwest London suburb 

Texas man charged for ‘sending threatening, racist messages to Baltimore Health Commissioner’