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Ransomware Payments Bill 2021 – Will You Need to Report?

Monday 26 July 2021 / by Tal Williams & Edita Grinbergs posted in Business, Corporate & Commercial Technology Law Cyber Security Ransomware Payments Bill 2021 Ransomware Australian Cyber Security Centre Cyber Attack Cyber Threats

On 21 June 2021, Shadow Assistant Minister for Cyber Security, Tim Watts introduced the private members Ransomware Payments Bill 2021 (Cth) into Parliament. The Bill would require the Commonwealth Government and big businesses to report ransomware payments to the Australian Cyber Security Centre (ACSC).

The Bill was introduced in response to the 200% increase in reported ransomware attacks on Australian organisations - including prominent incidents affecting companies such as JBS Foods and Nine Entertainment.

The Importance of Staff Training and Cyber Security Vigilance

Thursday 15 July 2021 / by Tal Williams posted in Business, Corporate & Commercial Wills & Estate Planning Technology Law Australian Cyber Security Centre Essential Eight Cyber-Crime Scams Cyber Security Cyber-Attack Staff Training

In a recent article, Holman Webb highlighted the importance of the Essential Eight mitigation strategies recommended by the Australian Cyber Security Centre (ACSC) which, if implemented, minimises the chance of an organisation falling victim to a cyber-attack.

With this in mind, we thought it timely to remind readers of the importance of staff training and cyber-security vigilance.