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New obligations to report cyber incidents - critical infrastructure

With the increasing prevalence of malicious cyberattacks, new regulations have been introduced to ensure that the government has knowledge of cyber incidences affecting specific entities in the following industries:

  • electricity
  • communications
  • data storage or processing
  • financial services
  • water
  • healthcare and medical
  • higher education and research
  • food and grocery comment transport
  • space technology

By implementing a mandatory reporting regime, the government seeks to strengthen the security and resilience of critical infrastructure, by empowering the relevant authorities to more immediately address critical cyber incidents - and to develop responses and protections to minimise the risk of future incidents occurring.


Ransomware Payments Bill 2021 – Will You Need to Report?

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.


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